Nevada Joins List of States That Have Embraced Insurance Rate Modernization


Statement From Christian Rataj
State Affairs Manager
National Association of Mutual Insurance Companies
Re: Nevada Joins List of States That Have Embraced Insurance Rate Modernization

“NAMIC commends the Nevada Legislature, Governor Brian Sandoval, and Insurance Commissioner Scott Kipper for their efforts in support of a regulatory modernization bill that will help expedite and economize the insurance rate review process for the benefit of insurance consumers.

“Although, SB 114 is only a baby step toward greater rate modernization and open-market competition, the enactment should reap tangible insurance product 'speed to market' benefits for consumers and is a positive symbolic statement in support of a modernized system of insurance regulation.”

Lisa Floreancig
Public Affairs Director - State & Policy Affairs
lfloreancig@namic.org
317.875.5250