Nevada · 83rd (2025) Session

Revises provisions relating to insurance.

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.

AB 376·Assembly·Bill

Assemblymember PK O’NeillState Assembly · AD-40·and 8 others·2 cosponsors

Bill Draft RequestBDR 57-1009

Fiscal noteState YesLocal No

Primary sponsors

Assemblymember PK O’NeillState Assembly · AD-40

Assemblymember Ken GrayState Assembly · AD-39

Assemblymember Jill DickmanState Assembly · AD-31

Assemblymember Rich DeLongState Assembly · AD-26

Senator Carrie Ann BuckState Senate · SD-05

Cosponsors

Assemblymember Danielle GallantState Assembly · AD-23

Floor votes

Assembly · 1st ReprintMay 27, 2025 · Constitutional majority required42–0

Senate · 2nd ReprintJun 2, 2025 · Constitutional majority required21–0

Legislative history

Mar 10, 2025

Read first time. Referred to Committee on Commerce and Labor. To printer.Assembly Journal

Mar 11, 2025

From printer. To committee.

Mar 25, 2025

Notice of eligibility for exemption.Assembly Journal

Apr 22, 2025

From committee: Amend, and do pass as amended. Placed on Second Reading File. Amendment No. 440 withdrawn. Read second time. Taken from General File. Rereferred to Committee on Ways and Means. Exemption effective. To committee.Assembly Journal

May 26, 2025

From committee: Amend, and do pass as amended. Placed on General File. Read third time. Amended. (Amend. No. 797.) To printer.Assembly Journal

May 27, 2025

From printer. To engrossment. Engrossed. First reprint. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 42, Nays: None.) To Senate. In Senate. Read first time. Referred to Committee on Finance. To committee.Assembly JournalSenate Journal

May 30, 2025

From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 930.) To printer.Senate Journal

May 31, 2025

From printer. To re-engrossment. Re-engrossed. Second reprint. Taken from General File. Placed on General File for next legislative day.Senate Journal

Jun 1, 2025

Taken from General File. Placed on General File for next legislative day.Senate Journal

Jun 2, 2025

Read third time. Passed, as amended. Title approved. (Yeas: 21, Nays: None.) To Assembly. In Assembly. Senate Amendment No. 930 concurred in. To enrollment.Assembly JournalSenate Journal

Jun 5, 2025

Enrolled and delivered to Governor.

Jun 9, 2025

Approved by the Governor. Chapter 423.

Bill text

As Introduced Reprint 1 Reprint 2 As Enrolled

Amendments

Amendment 797 (Adopted)Amendment 930 (Adopted)

Fiscal notes

Department of Business and Industry, Division of Insurance — on As Introduced