Latest Nevada Headlines
All the headlines from our Nevada Topic Page, ordered by recency.
Condition Critical: Med Mal Market in Need of Resuscitation
Sep 30 2002 // By now, it’s hardly an exaggeration that medical-malpractice liability insurance markets in several states are in crisis. As is the case with so many other insurance lines, the exodus of medical liability carriers...
NEV. ESTABLISHES CONSTRUCTION LIABILITY CLEARING HOUSE
Sep 30 2002 // Nevada Commissioner Alice Molasky-Arman ordered that a “Construction Liability Clearing House” be established for the purpose of providing information on markets and availability of residential construction...
Nev. Construction Liability Task Force Formed
Sep 17 2002 // Nevada Insurance Commissioner Alice Molasky-Arman announced the formation of the Construction Liability Task Force. Molasky-Arman has charged the task force to investigate the genesis of the construction liability...
Nev. Establishes Construction Liability Clearing House
Sep 13 2002 // Nevada Commissioner Alice Molasky-Arman ordered that a “Construction Liability Clearing House” be established for the purpose of providing information on markets and availability of residential construction...
Nev. Couple Awarded $4M in Medical Malpractice Suit
Aug 19 2002 // A Las Vegas couple will receive $4 million in a medical malpractice lawsuit, marking the first significant verdict against a doctor since Nevada lawmakers put into effect tort reform, according to the Associated Press. A...
Nev. Company Says No to Lowering Rates
Aug 16 2002 // A nonprofit company put together last spring by Nevada to offer medical malpractice insurance for physicians having difficulty obtaining affordable coverage has chosen not to lower rates, according to an Associated Press...
Nev. Health Premiums to Increase for Some Married Workers; Decreases for Others
Aug 13 2002 // Approximately 2,000 married Nevada State workers will see their health insurance premiums take a hike by nine percent in January, according to an Associated Press report. Some 3,000 State employees however, whose policies...
NAII Says Capping Med Mal Damages Key to Stabilizing Market
Aug 6 2002 // A bill that passed the Nevada Legislature during a special legislative session last week should curb excessive litigation, which will help restrain increases in the cost of medical malpractice insurance and improve the...
Nev. Approves Compromise on Medical Malpractice
Aug 2 2002 // A compromise to trim doctors’ medical malpractice insurance rates by imposing a $350,000 cap on lawsuit awards was approved early Thursday by Nevada lawmakers. The session had been ordered by Republican Gov. Kenny...
AAI Praises Nev. Gov.’s Attempt to Resolve State’s Med Mal Crisis
Jul 31 2002 // Nevada Gov. Kenny Guinn presented a special session of the state Senate with his proposals to cure the state’s medical malpractice crisis. The governor called for the special session to pass legislation that will...
AAI Says Caps on Non-economic Damages Key to Resolving Nev. Med-Mal Crisis
Jul 30 2002 // The Alliance of American Insurers is hopeful that a special session of the Nevada state Legislature meeting early this week to consider caps on non-economic damages will help alleviate the current medical malpractice...
Nev. Leaders Say Cap Likely to Aid Medical Malpractice Crisis
Jul 24 2002 // Nevada’s Democratic leaders in the Assembly have indicated a cap on non- economic damages is likely to become a portion of a final compromise to solve the state’s medical malpractice insurance crisis, according...
Nev. Regulators May Look to Legislative Solution on Defect Litigation Costs
Jul 22 2002 // According to the Alliance of American Insurers, Nevada insurance regulators concerned about the availability of residential contractor’s liability insurance should not look to mandatory pools, but should develop a...
Closed Temporarily by Rising Rates, Nev. Trauma Center Back in Business
Jul 16 2002 // Ten days after shutting down due to fast-rising malpractice insurance rates, Nevada’s lone top-level trauma center reopened its doors July 14, according to the Las Vegas Review-Journal. The county-run trauma center...
Nev. Gov. to Call Special Session to Deal With Med- Malpractice Crisis
Jul 4 2002 // Nevada Gov. Kenny Guinn is set to call a special session of the Legislature within the next few weeks to deal with the state’s medical malpractice crisis, according to the Associated Press. Saying he will ask for the...
Employers of Nev. Acquires Fremont Comp
Jul 4 2002 // Employers Insurance Company of Nevada (EICN) has acquired California-based Fremont Compensation Insurance Group’s book of business, effective July 1. Fremont Comp is a wholly-owned subsidiary of Fremont General...
State Farm Subsidiaries Request Rate Hike in Nev.
Jun 26 2002 // The Nevada Department of Insurance announced two State Farm subsidiaries, State Farm Mutual Automobile Insurance Company and State Farm Fire & Casualty Company, recently requested proposed rate hikes of 3.7 percent...
AAI Welcomes Renewed Focus on Countersignature Laws
Jun 13 2002 // The Alliance of American Insurers, a longtime advocate of repeal of anticompetitive countersignature laws, says it backs the lawsuits filed June 11 against Florida and Nevada by the Council of Insurance Agents and Brokers...
NBIS Contracts Program to Build Upon
Jun 10 2002 // From mold to construction defects, contractors and those who insure them can run into a mound of claims when building. One company who has stepped in to construct a program for contractors is Nevada-based National Builders...
Nev. Contractors Insurance Expands to Offer More Workers’ Comp
Apr 30 2002 // Nevada Contractors Insurance has expanded its operations to offer workers’ compensation to contractors in New Mexico. The company, which is Nevada’s second largest insurer for workers’ comp insurance,...
