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A.B. 206
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ASSEMBLY BILL NO. 206–ASSEMBLYMEMBER COLE
PREFILED FEBRUARY 3, 2025
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Referred to Committee on Commerce and Labor
SUMMARY—Repeals certain provisions which prohibit an insurer
from issuing or renewing certain policies of liability
insurance. (BDR 57-643)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State: No.
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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.
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.
Legislative Counsel’s Digest:
Existing law establishes the Nevada Insurance Code which governs contracts of 1
insurance. (Title 57 of NRS) This bill repeals provisions of existing law that 2
prohibit an insurer from issuing or renewing a policy of liability insu rance that 3
contains a provision that: (1) reduces the limit of liability stated in the policy by the 4
costs of defense, legal costs and fees and other expenses for claims; or (2) 5
otherwise limits the availability of coverage for the costs of defense, legal costs and 6
fees and other expenses for claims. (NRS 679A.210) 7
THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1. NRS 679A.210 is hereby repealed. 1
TEXT OF REPEALED SECTION
679A.210 Prohibited provisions in policy of liability
insurance relating to costs of defense, legal costs and fees and
other expenses for claims. Notwithstanding any other provision
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of law, an insurer, including, without limitation, an insurer listed in
NRS 679A.160, shall not issue or renew 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.
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