“Prospective loss cost” defined.

Nev. Rev. Stat. § 686B.17605
in effect
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“Prospective loss cost” means the portion of a rate that is based on historical aggregate losses and loss adjustment expenses which are adjusted to their ultimate value and projected to a future point in time. Except as otherwise provided in this section, the term does not include provisions for expenses or profit.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-686B.htmlFetched: 10/4/2026

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