Latest Nevada Headlines
All the headlines from our Nevada Topic Page, ordered by recency.
Nevada Insurance Commissioner Resigns
Aug 1 2011 // Nevada’s State Business & Industry Director Terry Johnson today announced that two agencies within his department will see a change in leadership. Division of Insurance Commissioner Brett J. Barratt has resigned...
Federal Court Says Nevada Cannot Block Risk Retention Groups
Jul 26 2011 // The National Risk Retention Association announced yesterday that it commends last week’s decision by the U.S. District Court to permit a risk retention group (RRG) to continue operations in Nevada despite the...
More States Join Surplus Lines Tax Sharing Proposal
Jul 22 2011 // Four new members joined a surplus lines premium tax sharing agreement supported by state regulators this week, even while some predict confusion over a competing proposal may lead to the demise of any surplus lines...
Nevada Joins Multistate Insurance Tax Sharing Plan
Jul 21 2011 // The Nevada State Board of Examiners has approved a plan to have Nevada join into a program with other states to share insurance tax revenues, according to Nevada newspapers. The Board took the action on Wednesday, with the...
Law Makes Nevada More Competitive for Captives
Jun 29 2011 // Nevada Gov. Brian Sandoval has signed Assembly Bill 74 (AB 74), a move that will strengthen the state’s commitment to the captive insurance industry, according to state Insurance Commissioner Brett Barratt. The bill...
Nevada Construction Defect Reform Bill Dies in Senate
Jun 9 2011 // Proposed Nevada construction defect lawsuit reforms that were criticized as “window dressing” by the building industry died in the Senate. AB401 sponsored by Democratic Assembly Speaker John Oceguera failed on...
Nevada Joins Insurance Product Regulation Compact
Jun 7 2011 // Nevada Gov. Brian Sandoval has signed AB23 enacting the Interstate Insurance Product Regulation Commission (IIPRC). With the addition of Nevada, the IIPRC now has 39 states that have joined the compact, representing more...
Nevada OSHA Encourages Employers to Ban Texting While Driving
Jun 3 2011 // The Nevada Occupational Health & Safety Section (OSHA) of the Division of Industrial Relations is hoping to stop one of the most dangerous forms of distracted driving. That’s why it is encouraging employers to...
Nevada Surplus Lines Association – 2011 WSSLC
May 27 2011 // Lake Tahoe, NV, 5/27/11 – The Western States Surplus Lines Conference (WSSLC) will be held at the Hyatt Regency Lake Tahoe Resort, Incline Village, NV on July 24-27, 2011. Book now to participate in educational...
Nevada Malpractice Bill Hearing Met With Opposition
May 19 2011 // Supporters said that a Nevada bill allowing lawyers to correct clerical errors in malpractice lawsuits would be a saving grace for victims, but opponents contended it’s not specific enough and would encourage sloppy...
Ratings Recap: Keystone, Forestry Mutual, Residential Re, National Unity, Dakota
May 12 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from’ B++’ (Good) and the issuer credit ratings (ICRs) to “aa-” from “bbb” of Keystone...
Nevada Commissioner Blocks Fee on Risk Retention Groups
May 11 2011 // Nevada Insurance Commissioner Brett Barratt has rejected a proposal to impose fees on risk retention groups (RRGs) that the National Risk Retention Association said would violate the federal Liability Risk Retention Act of...
Nevada Insurance Department Publishes Earthquake Insurance Guide
May 3 2011 // The Nevada Department of Insurance has published a consumer guide to earthquake insurance to encourage residents to evaluate appropriate coverage for their homes and businesses. The state is one of the most active states...
Nevada Assembly Approves Low-Cost Auto Insurance Program
Apr 27 2011 // The Nevada Assembly has passed a bill to implement a low-cost auto insurance pilot program, with an assessment on motor vehicle liability policies funding the operation of and publicity for the pilot program. Currently...
Time Cushion Sought for Medical Malpractice Cases in Nevada
Mar 21 2011 // A Nevada bill giving patients a time cushion to file an expert witness affidavit required for medical malpractice lawsuits was touted by backers on Mar. 17 as an issue of fairness and opposed by medical groups as...
Risk Retention Group Seeks Court Order in Nevada Auto Liability Case
Mar 18 2011 // The National Risk Retention Association has filed an amicus (friend of the court) brief protesting the Nevada Department of Insurance’s efforts stop a risk retention group from issuing automobile liability first...
Critics Say Nevada Anti-Bullying Bill Too Subjective
Mar 15 2011 // Critics of a bill that would protect against workplace discrimination based on physical appearance told legislators that the anti-bullying components of the measure were too broad and could open the door to frivolous...
PCI Opposes Legislation to Ban Use of Insurance Scores in Nevada
Mar 7 2011 // Proposed legislation to prohibit insurers from considering a consumer’s credit history would take away discounted rates for the majority of Nevada policyholders, according to the Property Casualty Insurers...
Bill Would Increase Minimum Car Insurance in Nevada
Mar 4 2011 // Legislators says a bill that would increase the minimum vehicle liability insurance may be a good idea, but some fear it would be onerous for the poor and indigent and result in more uninsured drivers on the road. AB120 is...
Nevada Publishes Guides to Insurance
Feb 16 2011 // The Nevada Division of Insurance has created a series of consumer guides to help make choosing homeowners, flood, earthquake and auto insurance easier. The DOI also has published a “Frequently Asked Questions”...
