Latest Nevada Headlines
All the headlines from our Nevada Topic Page, ordered by recency.
Nev. Commissioner Allows for Emergency Work
Apr 25 2002 // As a result of wind storms earlier this month, Nevada Insurance Commissioner Alice Molasky-Arman gave the temporary go-ahead for non-resident salaried adjusters or independent adjusters who are licensed in their home state...
Fremont General Reports Profit, Studying Sale
Mar 21 2002 // California-based financial services company Fremont General Corp. has reported a fourth-quarter profit, moving from a loss from a year earlier, when it recorded large losses in its workers’ compensation insurance...
Nev. Commissioner Says She Can’t Make Insurers Operate at a Loss
Mar 6 2002 // Nevada Insurance Commissioner Alice Molasky-Arman said during a hearing March 4 on the malpractice crisis that she can’t make insurers do business at a loss, according to the Associated Press. Molasky-Arman commented...
NAII Stresses Legal, Competitive Reasons for Use of Credit Information
Feb 4 2002 // Insurance scores provide companies an objective and unbiased underwriting tool, Sam Sorich, vice president and western regional manager of the National Association of Independent Insurers (NAII) explained last week during...
NAII OPPOSES NV AMENDMENTS
Dec 24 2001 // According to the National Association of Independent Insurers (NAII), several amendments the Nevada Division of Insurance is considering to underwriting and rating regulations would result in huge administrative expenses...
Nevada Amendments Could Hurt Drivers
Dec 17 2001 // According to the National Association of Independent Insurers (NAII), several amendments the Nevada Division of Insurance is considering to underwriting and rating regulations would hurt consumers who find it difficult to...
Seminar Discusses Reducing Losses and Lowering Workers’ Comp Costs
Dec 11 2001 // In a seminar attended by leading Las Vegas construction company executives, Jack Schreiner of S & C Claims Services outlined how aggressive claims handling can reduce their losses and lower worker’s compensation...
Nevada Division of Insurance Looks to Amend Consumer Privacy Regulation
Nov 7 2001 // The Nevada Division of Insurance is considering ways to tweak its consumer privacy regulation so that it no longer runs contrary to state law. Nevada’s proposed privacy regulation-which spells out insurers’...
Nevada Insurer Ordered to Stop Sales in Texas
Oct 10 2001 // State insurance regulators have ordered a Nevada insurance company to stop selling health policies and collecting premiums in Texas, after learning that the company had not been paying medical claims. According to a report...
FIRST NEVADA GETS ‘R’
Sep 10 2001 // Standard & Poor’s assigned its “R” financial strength rating to First Nevada Insurance Co. (FNIC). S&P took this rating action after learning that Judge Janet Berry of the Second Judicial...
It’s Fire Season: Time to Brush Up on Coverage and Prevention
Aug 27 2001 // Take an influx of homeowners moving into what was once open land, add a rainy winter which has fueled the growth of brush and vegetation, and you have a potential recipe for disaster. As of Aug. 15, close to 300 wildfires...
NV MED-MAL RATES TO RISE
Aug 27 2001 // Continental Casualty Company; America Casualty Company of Reading, Penn; and Transportation Insurance Company (collectively CNA) received approval from Nevada Insurance Commissioner Alice A. Molasky-Arman to increase its...
Nevada Commissioner Approves Increase in Med-Mal Rates
Aug 16 2001 // Continental Casualty Company; America Casualty Company of Reading, Penn; and Transportation Insurance Company (collectively CNA) received approval from Nevada Insurance Commissioner Alice A. Molasky-Arman to increase its...
Nevada Study Shows More After-Market Parts Used for Repairs
Aug 7 2001 // The Nevada Division of Insurance’s 2001 Auto Body Survey shows that more of the state’s auto shops are using after-market parts in repairs than in previous years. The annual survey is based on 160 responses,...
State Bills Highlight Concern About Insurance Fraud, Anti-Fraud Group Says
Jun 18 2001 // Anti-fraud reforms recently passed in Tennessee, Florida and Nevada are a signal that insurance fraud is becoming a top-tier crime around the country, according to the Coalition Against Insurance Fraud, a national...
Nevada Legislature Wraps Up 2001 Session on Positive Note
Jun 12 2001 // The Nevada State Legislature adjourned last week following several important victories for the insurance industry, according to lobbying groups. Passage of measures benefiting insurers and the defeat of several trial...
Employers Ins. Co. of Nevada Selects HNC Software for Workers’ Comp Claims
May 21 2001 // A bill by Assemblyman Thomas M. Calderon (D-Montebello) that would prohibit insurance carriers from refusing to issue or renew an auto insurance policy based solely on an individual’s credit rating was approved by...
Nevada Legislation Targets Fraud Rings
May 7 2001 // Nevada’s Senate Commerce and Labor Committee approved two bills designed to discourage insurance fraud rings from setting up shop in the state. According to the Associated Press, one of the goals of AB 135 is to make...
First Nevada’s Hopes End in Liquidation
Apr 9 2001 // Reno-based First Nevada Insurance Co. sold its first insurance policy in December 1995. The company sold its last policy a little more than five years later. Last month, Nevada 2nd Judicial District Court Judge Janet...
First Nevada Ordered Into Liquidation
Mar 23 2001 // First Nevada Insurance Co. has been ordered into liquidation by a judge in the Second Judicial District Court of Nevada in response to a motion filed by Nevada Insurance Commissioner Alice Molasky-Arman. The court found...
