Latest Nevada Headlines

All the headlines from our Nevada Topic Page, ordered by recency.

Best Upgrades FSR Ratings of Sierra Health Services

Nov 17 2004 // A.M. Best Co. has upgraded the financial strength rating to B++ (Very Good) from B+ (Very Good) of Sierra Health Services Inc.’s core HMO subsidiaries, Health Plan of Nevada Inc. (both of Las Vegas, Nev.), and its...

Nev. Commissioner Denies Request to Increase Auto Insurance Rates

Nov 1 2004 // Nevada Insurance Commissioner Alice Molasky-Arman has denied the request of the Progressive Companies that are marketed through independent agents for a 5.3 percent increase in auto insurance rates. This filing would have...

Nev. Asks Calif. Companies ‘Will Your Business Be Terminated” in Light of High Economic Costs

Oct 15 2004 // In response reportedly to increasing inquiries from California companies struggling with the high cost of doing business in California, Nevada economic development officials have launched a marketing campaign in the Golden...

Nevada, Oregon and Wyoming take Med-mal Crisis to the Polls

Oct 11 2004 // On Nov. 2, citizens of three Western states will decide whether or not to limit damage awards in medical malpractice insurance cases. Nevada, Oregon and Wyoming will join Florida as the four states to consider placing caps...

Big ‘I’ Applauds Countersignature Trends

Oct 5 2004 // The Independent Insurance Agents & Brokers of America (The Big “I”) is applauding continuing efforts by state policymakers and federal courts to eliminate countersignature laws.The Big “I” has...

United Agencies Inc. Expands Into Nevada

Oct 4 2004 // Thomas E. Hays, chairman of the board for Calif.-based United Agencies, announced they have added a Nevada agency to their growing list of associate members. Effective Oct.1, 2004, Cutler, LLC has come aboard as the newest...

NEVADA COURT REFUSES TO BLOCK MED-MAL INITIATIVE:

Sep 20 2004 // The Nevada Supreme Court ruled on Aug. 24 that a medical malpractice insurance initiative will remain on this November’s ballot despite efforts by attorneys representing malpractice victims to block it, according to...

Ballot Questions Dubious for Nev. Trial Lawyers

Sep 7 2004 // A group with ties to the Nevada Trial Lawyers Association doesn’t have to reveal contributors to its campaign to put two questions on the November ballot, one of its leaders says.The group Yes on Questions 4 and 5...

PCI Joins Campaign to Defeat Trial Lawyer Ballot Initiatives in Nevada

Aug 30 2004 // The Property Casualty Insurers Association of America issued a statement concerning two constitutional initiatives, titled “Question 4” and “Question 5,” that are supported by trial lawyers and will...

Nevada Court Refuses to Block Med-Mal Ballot Initiative

Aug 26 2004 // The Nevada Supreme Court ruled on August 24 that a medical malpractice insurance initiative will remain on this November’s ballot despite efforts by attorneys representing malpractice victims to block it, according...

Bracing for the Worst: Industry Prepares for Another Wildfire Season

Aug 23 2004 // The fire season started early this year. Wildfires erupted all over California and in Nevada in mid-July, forcing thousands to evacuate and destroying several homes and outbuildings. Affected areas in California included...

Nevada’s Countersignature Statute Thrown Out

Aug 10 2004 // A federal judge for the District of Nevada ruled Nevada’s statute that precludes out-of-state insurance brokers from conducting business in the state without the countersignature of a resident agent is...

Nevada Trial Lawyers Part of Petition Drive Coalition

Jun 11 2004 // The Nevada Trial Lawyers Association is supporting two statewide initiative petitions that critics say aim to overturn medical malpractice reforms.Trial Lawyers Association spokeswoman Vickie Riley confirmed the group is a...

One-on-One with NIIA’s President Rick Aniello

Jun 7 2004 // Medical malpractice is hot on the list of concerns for Nevada’s independent agents, and the state as a whole. With physicians leaving the state due to the lack of affordable med-mal coverage, the crisis has caught...

The Silver State – Sagebrush, Hoover Dam and Vegas

Jun 7 2004 // The United States Census Bureau’s Census 2000 estimated the population of the State of Nevada at 1,998,257. Approximately 81 percent of the adult residents had graduated from high school and about 18 percent had...

Regional Focus

Jun 7 2004 // Former Speaker of the House Tip O’Neill was attributed with the comment that “all politics are local.” The same could be said for the insurance industry—insurance coverage is definitely local. In...

Employers Insurance Co. of Nevada Re-elects Sande, McKinney-James to Board

May 28 2004 // Employers Insurance Company of Nevada (EICN) has announced the re-election of two members of the company’s Board of Directors. John Sande and Rose McKinney-James were re-elected to additional three-year terms as...

A.M. Best Affirms FSR and Debt Ratings of Sierra Health Services

May 13 2004 // A.M. Best Co. has affirmed the financial strength ratings of B+ (Very Good) of Sierra Health Services Inc.’s (Sierra) core HMO, Health Plan of Nevada Inc (both of Las Vegas, Nev.), and its health insurance company,...

INSURER THAT TRIGGERED NEVADA MALPRACTICE CRISIS PAYS $1 MILLION:

May 3 2004 // The St. Paul insurance companies, whose pullout from the medical malpractice insurance market caused a crisis for Nevada doctors, will pay a group of Las Vegas physicians $900,000 under terms of a settlement announced...

Initiative Drive Under Way to Roll Back Insurance Rates in Nevada

Apr 20 2004 // A Las Vegas woman has launched an initiative drive to roll back auto, homeowners and medical malpractice insurance rates by 20 percent and to provide an additional 20 percent reduction for good drivers.At the same time...