Nevada News

Critics Say Nevada Anti-Bullying Bill Too Subjective

Critics of a bill that would protect against workplace discrimination based on physical appearance told legislators that the anti-bullying components of the measure were too broad and could open the door to frivolous lawsuits against employers. State law currently bars …

Employers Holdings Reports Q4 Income of $20M

Reno, Nev.-based Employers Holdings Inc. has reported fourth quarter net income of $20.1 million compared with $11.3 million in the fourth quarter of 2009, an increase of $8.9 million in net income. The company said net income in the fourth …

Reno Facing Decision on Creation of Flood Agency

Fourteen years after being hit by flooding, Reno, Nev., elected officials appear split on a plan to create a multi-jurisdictional flood control management authority. The Reno Gazette-Journal reported that while Washoe County and the city of Sparks have approved creating …

Nevada Lowers Workers’ Comp Costs 3.9%

Nevada Insurance Commissioner Brett Barratt has approved a filing for an average decrease of 3.9 percent for Nevada workers’ compensation voluntary insurance loss costs and an average decrease of 2.2 percent for workers’ compensation insurance assigned risk rates. Loss costs …

Berte To Run AIA Western Region

The American Insurance Association (AIA) has announced that Marjorie Berte has joined the association as its new vice president for the Western Region. Berte’s career includes experience in both the public and private sectors, most recently with the state of …

Inspections Reducing Mine Safety Violations: U.S. Official

Conducting special inspections to crack down on mines with poor safety records appears to be working, the federal Mine Safety and Health Administration said last week. The agency said it issued 250 citations and orders during so-called impact inspections at …

Allstate Sues Bank of America Over Countrywide Mortgage Losses

Allstate Corp. has sued Bank of America Corp., its Countrywide lending unit and 17 other defendants for allegedly misrepresenting the risks on more than $700 million of mortgage securities it bought from Countrywide. Allstate, the largest publicly traded U.S. home …

2010’s Top Insurance Stories in the West

In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of what they used to be, and unemployment and home foreclosure rates up, said Kevin Baker of San Jose, Calif.-based Suhr …

Hundreds Victim to California Rainstorms

Following a series of powerful storms that brought heavy, record-setting rain, snow and high winds to California, insurers report their employees are on-hand to help victims. Meanwhile, Gov. Arnold Schwarzenegger has proclaimed a state of emergency in Kern, Orange, Riverside, …

Endurance Coverage: Top 10 Insurance Cases of the Year

For the past 10 years I have had the privilege of publishing an end-of-year article in Mealey’s Litigation Report: Insurance that discusses the 10 most significant insurance coverage decisions from the year gone by. Like anything that is done for …