AB 74
Revises provisions relating to insurance. (BDR 57-256)
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Sign in to take action- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill revises Nevada’s insurance regulations by repealing existing provisions related to insurer examinations and enacting new ones focused on market conduct surveillance. It introduces a system for the Commissioner of Insurance to analyze insurer practices, conduct targeted examinations, and take actions to address potential issues. The bill also expands the Commissioner’s authority to issue temporary orders during emergencies, addresses issues related to service contracts and adjusters, and incorporates elements of the National Association of Insurance Commissioners’ model acts for unfair discrimination and claims handling.
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Primary sponsor
Assembly Committee on Commerce and Labor
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