Latest Nevada Headlines
All the headlines from our Nevada Topic Page, ordered by recency.
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...
Nevada Bill Limiting Wraparounds
Feb 27 2001 // SB 44, a bill that limits the use of Consolidated Insurance Programs (CIPs), commonly known as wrap-around insurance programs, would raise the cost of construction and be harmful for Nevada consumers, according to the...
NAII Testifies in Favor of Nevada File and Use Bill
Feb 16 2001 // The National Association of Independent Insurers testified Feb. 14 in favor of Senate Bill 4 before the Nevada Senate Committee on Commerce and Labor. Under SB 4, an auto or homeowners insurer must file its rates with the...
Reach of Contruction Defect Litigation Extends Beyond Condos
Nov 27 2000 // Editor’s note: Following the cover story “Cracks in the Stucco: Construction Defect Litigation Spreads” in our July 24, 2000, issue, several readers called in to share stories of how the problem of...
NAII Voices Support of Proposed Nevada Privacy Rule Extension
Oct 13 2000 // A proposed regulation is on the table in Nevada that would extend the deadline for compliance with new federal privacy requirements to July 1, 2001. The National Association of Independent Insurers (NAII) is calling the...
NCCI’s W/C Rate Request Approved in Nevada
May 30 2000 // Nevada Insurance Commissioner Alice Molasky-Arman approved the proposed filing submitted by the National Council on Compensation Insurance (NCCI) for an overall workers’ comp premium increase of 6.3 percent. The new...
WORKERS’ COMP MARKET OVERVIEW
Apr 3 2000 // CALIFORNIA STILL CRAZY AFTER ALL THESE YEARS By Sky Barnhart “After five years of product being given away, it’s a crazy, crazy market, and it’s put a lot of people on the producers’ side out of...