All the headlines from our Nevada Topic Page, ordered by recency.
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...
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...
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...
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...
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,...
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...
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...
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...
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...
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 Berry,...
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...
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...
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...
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...
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...
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...
Apr 3 2000 // 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 business.” “Turbulent and...
Mar 2 2000 // Prudential is reducing auto insurance rates for many drivers in Nevada by an average of 2.2 percent statewide. Some Nevada drivers will qualify for reductions of more than 20 percent. The price reduction took effect on...