2025 Regular SessionNevada Legislature

AB376: Revises provisions relating to insurance. (BDR 57-1009)

Legislative Summary

AN ACT relating to insurance; requiring the Commissioner of Insurance to establish and administer the Regulatory Experimentation Program for Insurance Product Innovation; setting forth requirements for the operation of the Program; authorizing certain property insurers to file a proposed increase in a rate for certain lines of insurance through a program of flex-rated filing; revising requirements relating to insurance coverage for the peril of wildfire; revising certain requirements for reciprocal insurers; revising provisions relating to captive insurers; revising requirements relating to insurance coverage for common-interest communities; and providing other matters properly relating thereto.

Demographic Impact

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60% Bias
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

3/10/2025
Read first time. Referred to Committee on Commerce and Labor. To printer.
Assembly
3/11/2025
From printer. To committee.
Assembly
3/25/2025
Notice of eligibility for exemption.
Assembly
4/22/2025
From committee: Amend, and do pass as amended.
Assembly
4/22/2025
Placed on Second Reading File.
Assembly
4/22/2025
Amendment No. 440 withdrawn.
Assembly
4/22/2025
Read second time.
Assembly
4/22/2025
Taken from General File.
Assembly
4/22/2025
Rereferred to Committee on Ways and Means. Exemption effective. To committee.
Assembly
5/26/2025
From committee: Amend, and do pass as amended.
Assembly
5/26/2025
Placed on General File.
Assembly
5/26/2025
Read third time. Amended. (Amend. No. 797.) To printer.
Assembly
5/27/2025
From printer. To engrossment. Engrossed. First reprint.
Assembly
5/27/2025
Read third time. Passed, as amended. Title approved, as amended. (Yeas: 42, Nays: None.) To Senate.
Assembly
5/27/2025
In Senate.
Senate
5/27/2025
Read first time. Referred to Committee on Finance. To committee.
Senate
5/30/2025
From committee: Amend, and do pass as amended.
Senate
5/30/2025
Placed on Second Reading File.
Senate
5/30/2025
Read second time. Amended. (Amend. No. 930.) To printer.
Senate
5/31/2025
From printer. To re-engrossment. Re-engrossed. Second reprint.
Senate
5/31/2025
Taken from General File. Placed on General File for next legislative day.
Senate

Amendments

Assembly Amendment 797

Assembly Amendment 797

Adopted

Senate Amendment 930

Senate Amendment 930

Adopted

Roll Call Votes

Assembly Final Passage
5/27/2025
42
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Engrossed(5/27/2025)
Chamber
Senate

Documents

Introduced
Bill Text1/1/1970429.6 KB
Amended
Bill Text1/1/1970444.0 KB
Amended
Bill Text1/1/1970441.3 KB