Latest Nevada Headlines
All the headlines from our Nevada Topic Page, ordered by recency.
Best Downgrades APCapital; Med-Mal Insurer Exits Nev.
Feb 2 2004 // The financial strength rating of East Lansing, Mich.-based medical liability insurer American Physicians Capital Inc. has been downgraded to “B+” from “B++” by A.M. Best Co. This action, according...
Nevada First in Insurance Fraud Convictions
Jan 26 2004 // Attorney General Brian Sandoval today 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...
Mosher Joins Board of Directors for Employers Insurance Company of Nevada
Jan 13 2004 // Employers Insurance Company of Nevada, A Mutual Company (EICN), announced that Ronald F. Mosher has joined the company’s Board of Directors. Mosher possesses extensive knowledge of the insurance industry, and most...
Nev. Man Found Guilty of Felony Fraud
Jan 12 2004 // Attorney General Brian Sandoval announced that Patrick Lee Miller was found guilty of a felony insurance fraud, making false representations to an insurance company. The matter was heard in Humboldt County’s 6th...
Ga. Commissioner Orders Nev. Company to Cease Business
Jan 12 2004 // Georgia Insurance Commissioner John Oxendine has ordered Global Bonding, Millennium Bonding Enterprises, Robert Joe Hanson and Reve M. Pete to stop transacting surety insurance business in Georgia. Oxendine said his office...
Employers Insurance Company of Nevada Report 3Q 2003 Financial Results
Dec 16 2003 // Employers Insurance Company of Nevada, A Mutual Company (“EICN”) and its wholly-owned subsidiary Employers Compensation Insurance Company (“ECIC”) formerly known as Fremont Employers Insurance...
Ga. Commissioner Orders Nev. Company to Cease Business
Dec 10 2003 // Georgia Insurance Commissioner John Oxendine has ordered Global Bonding, Millennium Bonding Enterprises, Robert Joe Hanson and Reve’ M. Pete to stop transacting surety insurance business in Georgia. Oxendine said his...
Employers Insurance Company of Nevada, A Mutual Company, Re-Names Subsidiary Companies
Dec 9 2003 // Employers Insurance Company of Nevada, A Mutual Company, (EICN) announced that it has re-named two wholly-owned subsidiaries. Effective immediately, the company formerly known as Fremont Employers Insurance Company will...
A.M. Best Comments on FSR Sierra Health Services’ Health Care Entities
Dec 2 2003 // A.M. Best Co. has commented on the financial strength rating of B+ (Very Good) of Sierra Health Services Inc.’s HMO and health insurance entities. A.M. Best’s comments follow Sierra’s announcement of the...
Nev. Unlicensed Insurer Shut Down and Ordered to Pay Fines
Nov 26 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman ordered TRG Marketing, L.L.C., TRG Administration L.L.C., (TRG) and its principals, William Paul Crouse and Carmello Zanfei, to pay administrative fines of $180,000,...
Nev. Workers’ Compensation Insurance Rates to Decrease
Nov 13 2003 // Nevada’s employers should see a drop in their 2004 premiums for workers’ compensation as a result of the filing submitted by the National Council on Compensation Insurance Inc. approved by Nevada Insurance...
Nev. Man Found Guilty of Felony Insurance Fraud
Nov 13 2003 // Attorney General Brian Sandoval announced that Patrick Lee Miller was found guilty of a felony insurance fraud, making false representations to an insurance company. The matter was heard in Humboldt County’s 6th...
Alliance Lauds N.Y., Fla. Action on Modernizing State Producer Laws; More is Needed
Oct 15 2003 // The Alliance of American Insurers has issued a bulletin which praised recent efforts in New York and Florida to modernize producer licensing laws, but it also called for other states to follow suit. Alliance VP for...
EICN Completes Payment of $14.4M in Dividends to Nev. Policyholders
Oct 2 2003 // Employers Insurance Company of Nevada, A Mutual Company (EICN) announced that it has paid out $14.4 million in dividends since commencing operations as a mutual insurance company on Jan. 1, 2000. “As a mutual...
ABD Insurance and Financial Services Opens Reno Office
Sep 24 2003 // ABD Insurance and Financial Services, a leading provider of global risk management and employee benefits solutions, announces the opening of a regional office serving the greater Reno, Nevada area. The new office is...
AMERICAN FAMILY INS. AUTO RATES TO INCREASE IN NEV
Sep 22 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of American Family Mutual Insurance Company (American Family) for an overall statewide increase of 4.4 percent for private passenger automobile...
FEIC Receives “A- (Excellent)” Rating from A.M. Best
Sep 17 2003 // Fremont Employers Insurance Company (FEIC) has received an “A- (Excellent)” rating from A.M. Best Company. FEIC is a wholly owned subsidiary of Employers Insurance Company of Nevada, A Mutual Company...
American Family Ins. Auto Rates to Increase in Nev.
Aug 29 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of American Family Mutual Insurance Company (American Family) for an overall statewide increase of 4.4 percent for private passenger automobile...
Nev. Dental Liability Insurance Rates to Increase
Aug 27 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved revised rates for the National Dental Program insured by Continental Casualty Company. The National Dental Program policies may include professional...
Prime Authorized to Write Surplus Lines Business in Nevada
Aug 11 2003 // Sandy, Utah-based Prime Holdings Insurance Services Inc. announced today that it has received approval for its property and casualty subsidiary, The Prime Insurance Syndicate Inc., to write surplus lines insurance business...
