AB206
AN ACT relating to insurance; repealing provisions which prohibit an insurer from issuing or renewing a policy of liability insurance that contains certain provisions; and providing other matters properly relating thereto. Close title AN ACT relating to insurance; repealing provisions which prohibit an insurer from issuing or renewing a policy of liability insurance that contains certain provisions; and providing other matters properly relating thereto.
Introduction Date
Monday, February 3, 2025
Primary Sponsor
View 1 Primary Sponsors Close Primary Sponsors Assemblymembe
Public exhibits
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Auditor findings
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recusal 0 · QPQ 0
AN ACT relating to insurance; repealing provisions which prohibit an insurer from issuing or renewing a policy of liabil
Existing law establishes the Nevada Insurance Code which governs contracts of insurance. (Title 57 of NRS) This bill repeals provisions of existing law that prohibit an insurer from issuing or renewing a policy of liability insurance that contains a provision that: (1) reduces the limit of liability stated in the policy by the costs of defense, legal costs and fees and other expenses for claims; or (2) otherwise limits the availability of coverage for the costs of defense, legal costs and fees and other expenses for claims. (NRS 679A.210) Close digest Existing law establishes the Nevada Insurance Code which governs contracts of insurance. (Title 57 of NRS) This bill repeals provisions of existing law that prohibit an insurer from issuing or renewing a policy of liability insurance that contains a provision that: (1) reduces the limit of liability stated in the policy by the costs of defense, legal costs and fees and other expenses for claims; or (2) otherwise limits the availability of coverage for the costs of defense, legal costs and fees and other expenses for claims. (NRS 679A.210)
NELIS exhibits (0 on file)
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