Latest Nevada Headlines
All the headlines from our Nevada Topic Page, ordered by recency.
Nevada’s Countersignature Statute Thrown Out
Aug 10 2004 // A federal judge for the District of Nevada ruled Nevada’s statute that precludes out-of-state insurance brokers from conducting business in the state without the countersignature of a resident agent is...
Nevada Trial Lawyers Part of Petition Drive Coalition
Jun 11 2004 // The Nevada Trial Lawyers Association is supporting two statewide initiative petitions that critics say aim to overturn medical malpractice reforms. Trial Lawyers Association spokeswoman Vickie Riley confirmed the group is...
One-on-One with NIIA’s President Rick Aniello
Jun 7 2004 // Medical malpractice is hot on the list of concerns for Nevada’s independent agents, and the state as a whole. With physicians leaving the state due to the lack of affordable med-mal coverage, the crisis has caught...
The Silver State – Sagebrush, Hoover Dam and Vegas
Jun 7 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Nevada at 1,998,257. Approximately 81 percent of the adult residents had graduated from high school and about 18 percent had...
Regional Focus
Jun 7 2004 // Former Speaker of the House Tip O’Neill was attributed with the comment that “all politics are local.” The same could be said for the insurance industry—insurance coverage is definitely local. In...
Employers Insurance Co. of Nevada Re-elects Sande, McKinney-James to Board
May 28 2004 // Employers Insurance Company of Nevada (EICN) has announced the re-election of two members of the company’s Board of Directors. John Sande and Rose McKinney-James were re-elected to additional three-year terms as...
A.M. Best Affirms FSR and Debt Ratings of Sierra Health Services
May 13 2004 // A.M. Best Co. has affirmed the financial strength ratings of B+ (Very Good) of Sierra Health Services Inc.’s (Sierra) core HMO, Health Plan of Nevada Inc (both of Las Vegas, Nev.), and its health insurance company,...
INSURER THAT TRIGGERED NEVADA MALPRACTICE CRISIS PAYS $1 MILLION:
May 3 2004 // The St. Paul insurance companies, whose pullout from the medical malpractice insurance market caused a crisis for Nevada doctors, will pay a group of Las Vegas physicians $900,000 under terms of a settlement announced...
Initiative Drive Under Way to Roll Back Insurance Rates in Nevada
Apr 20 2004 // A Las Vegas woman has launched an initiative drive to roll back auto, homeowners and medical malpractice insurance rates by 20 percent and to provide an additional 20 percent reduction for good drivers. At the same time...
State Farm Condo Insurance Rates to Increase in Nev.
Apr 13 2004 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of State Farm Fire and Casualty Company for an overall statewide average increase of 28.8 percent for rental condominium unitowners insurance,...
Insurer That Triggered Nevada Malpractice Crisis Pays $1 Million
Apr 12 2004 // The St. Paul insurance companies, whose pullout from the medical malpractice insurance market caused a crisis for Nevada doctors, will pay a group of Las Vegas physicians $900,000 under terms of a settlement announced...
Former Nev. Businessman Sentenced
Apr 5 2004 // Attorney General Brian Sandoval announced that Tye Fortuna, 31, of Big Fork, Mont., was sentenced recently by Judge Michael R. Griffin in the Carson City District Courthouse after pleading guilty to felony insurance...
The Silver State – Sagebrush, Hoover Dam and Vegas
Apr 5 2004 // The United States Census Bureau’s Census 2000 estimated the population of the state of Nevada at 1,998,257. Approximately 81 percent of the adult residents had graduated from high school and about 18 percent had...
Nevada Rate Increase Sought by Malpractice Insurance Company
Mar 26 2004 // Medical Protective Co., which provides malpractice insurance for 200 doctors located mainly in southern Nevada, has filed for a 24 percent rate increase. The state Insurance Division says MedPro wants the increase to take...
PIC Wisconsin Med-Mal Rates to Increase in Nevada
Mar 18 2004 // Nevada Insurance Commissioner Alice Molasky-Arman has approved the request of Physicians Insurance Company of Wisconsin Inc. (PIC) for a 15 percent increase for medical malpractice insurance. In addition to the 15 percent...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
PCI Answers Questions on Use of Loss Reports in Nevada
Mar 8 2004 // The use of loss history reports on individual dwellings is an important and necessary tool that insurers need to help them underwrite homeowners’ policies in Nevada. That’s the message delivered by the Property...
Former Carson City, Nev. Businessman Sentenced for Fraud
Feb 18 2004 // Attorney General Brian Sandoval announced that Tye Fortuna, 31 of Big Fork, Montana was sentenced recently by Judge Michael R. Griffin in the Carson City District Courthouse after pleading guilty to felony insurance...
NEVADA FIRST IN FRAUD CONVICTIONS:
Feb 9 2004 // Attorney General Brian Sandoval announced that the Nevada Department of Justice, Insurance Fraud Unit, obtained more convictions per capita than any other state. The statistics for insurance crimes were compiled by the...
Faked Death Gets Fraud Conviction
Feb 9 2004 // Nev. Attorney General Brian Sandoval announced that District Judge Donald M. Mosley sentenced Purificacion Lobitos, age 56, to a maximum term of 32 months with a minimum term of 12 months in the Nevada Department of...
