Latest Nevada Headlines
All the headlines from our Nevada Topic Page, ordered by recency.
NEV. FLEX-RATING SYSTEM FOR RATES PROPOSED
Mar 24 2003 // A flex-rating bill introduced in Nevada would foster competition and modernize rate regulation in the state, according to the National Association of Independent Insurers (NAII). Senate Bill 12 would create a flex-rating...
Med Mal Fever: When Doctors Walk Out, Politicians Notice
Mar 24 2003 // They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and...
Nev. OB/GYN Rate Structure Changed
Mar 11 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved new rates and rating rules for obstetricians for American Physicians Assurance Corporation (“APAC”). Molasky-Arman said, “I applaud the...
Ariz. Man Indicted on Multiple Fraud Counts in Nev.
Mar 11 2003 // Nevada’s Clark County Grand Jury indicted Pavel Daniel Oprea, 37, on nine felony counts of insurance fraud including three counts each of the following: false application to insurer, false claim for insurance...
Nev. Lawmakers Consider Ban on Insurers’ Use of Credit
Mar 5 2003 // A majority of Nevada consumers would be unfairly penalized by legislation prohibiting insurance companies’ use of credit data in determining rates and making underwriting decisions, according to the National...
Nev. Flex-rating System for Insurance Rates Proposed
Feb 28 2003 // A flex-rating bill introduced in Nevada would foster competition and modernize rate regulation in the state, according to the National Association of Independent Insurers (NAII). Senate Bill 12 would create a flex-rating...
Nev. Resident Pleads Guilty to Ins. Fraud
Feb 26 2003 // Michael Allen Lessley, 35, pled guilty to felony insurance fraud before Nevada Judge Connie Steinheimer in the Washoe County Courthouse. Lessley reported his red 1995 Mustang stolen in order to allegedly receive money from...
New Med-Mal Petition Introduced to Nev. Senate
Feb 25 2003 // Doctor-sponsored Initiative Petition 1 (IP1) was introduced to the Nevada Senate Feb. 21, in response to the medical malpractice crisis inflicting Nevada’s doctors—in particular, obstetricians, according to the...
Med Mal Fever: When Doctors Walk Out, Politicians Notice
Feb 24 2003 // They’re baaack. High-flying medical malpractice liability claims losses, that is. The availability crisis of the 1970s and the affordability crisis of the 1980s may be nothing compared to the crisis insurers and...
Nevada Mutual Insurance Company Rate Change Approved
Jan 30 2003 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved new rating rules for obstetricians and gynecological surgeons for Nevada Mutual Insurance Company (NMIC). The new rules result from Molasky-Arman’s...
AIA Urges Nev. Governor to Drop Proposal to Double Tax Insurers
Jan 27 2003 // The American Insurance Association (AIA) called upon Nevada Governor Kenny Guinn (R) to abandon his proposal to double tax insurers operating in the state. In order to tackle Nevada’s $1 billion budget deficit, Gov....
MCS Opens Nev. Office
Dec 30 2002 // Doug Judson, president and CEO of Millennium Corporate Services (MCS), announced that MCS is expanding its operations to include an office in Las Vegas, Nevada. Heading up the Las Vegas office is Bob Bell who has joined...
Nine More Indicted in Nev. Fraud Scam
Dec 24 2002 // The Clark County Grand Jury has indicted the nine remaining defendants in the Guy Mitchell Sheets fraud case (See IJ West Web News, Dec. 19): Terri Denise Bragg, Rodney Bernard Winters, Basheba Peoples, Cedric Peoples,...
Nev. Agent Sentenced for Fraud
Dec 19 2002 // Nevada Attorney General Frankie Sue Del Papa announced that Guy Mitchell Sheets, 38, of Henderson, Nev., was sentenced to 12 to 36 months in prison, concurrent, for the two felony counts of insurance fraud he plead guilty...
Nev. Approves Rate Change for Liberty Mutual Auto
Dec 12 2002 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved a rate change for private passenger automobile insurance filed by Liberty Mutual Group. The statewide average change of -0.3 percent for Liberty Mutual Fire...
Liberty Mutual Auto Rate Change Approved in Nevada
Dec 9 2002 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved a rate change for private passenger automobile insurance filed by Liberty Mutual Group. The statewide average change of -0.3 percent for Liberty Mutual Fire...
Nev. OBGYN Insurance Reimbursement Rates Increase
Dec 3 2002 // In an effort to stem the tide of departing obstetrics and gynecological physicians leaving Clark County, Physician’s IPA announced it is increasing the rate of insurance reimbursement to its OBGYN doctors. The...
Nevada DOI Approves Rate Change for Nurse Practitioners
Nov 25 2002 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved a 4.2 percent professional liability rate increase for the Nurse Practitioner program underwritten by American Casualty Company of Reading, Pa.; a CNA...
Everest National Requests Rate Change in Nev.
Oct 22 2002 // Everest National Insurance Company, a subsidiary of Everest Re Group, recently filed a request for rate increase in Nevada. The increase, if granted, would be placed in effect on policies in the Professional Liability for...
American Casualty Requests Rate Change in Nevada
Oct 17 2002 // American Casualty Company of Reading, Pa., a subsidiary of CNA Insurance Group, recently filed a request for rate increase in Nevada. The increase, if granted, would be placed in effect on policies in the Medical...
