# Nevada AB376: 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. Nevada AB376, 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., is a 83rd Regular Session (2025) House bill sponsored by Jill Dickman (Republican), Ken Gray (Republican), PK O’Neill (Republican) and 2 others; status signed, last action 2025-06-09 (Chapter 423.); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/NV-AB376-83rd2025 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Nevada AB376 - State: Nevada - Session: 83rd Regular Session (2025) - Title: 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. - Status: signed - Chamber: House - Introduced: 2025-03-10 - Last action: 2025-06-09, Chapter 423. - Sponsors: Jill Dickman (Republican), Ken Gray (Republican), PK O’Neill (Republican), Rich DeLong (Republican), Carrie Ann Buck (Republican) - Cosponsors: 1 - Subjects: BDR 57-1009 - Touches household money: yes - Roll calls: 2 (63 yes, 0 no in all) - Economic provisions PRIA read: 8 ## Summary No summary available. ## Bill overview: provisions PRIA read - Rates and forms filed 30 days early: benefit, low. Insurers and rate organizations must file rates, proposed increases, forms, and related data with a proposed effective date at least 30 days before that date. This timeline supports review before changes take effect. The rule starts January 1, 2026. - More detail on health plan hikes: benefit, low. When an insurer files a health plan rate increase, it must include a unified rate review template, a written justification, and supporting documents. This applies to health benefit plans starting January 1, 2026. - HOAs can insure through captives: benefit, low. Starting July 1, 2025, homeowners and unit‑owners’ associations can join sponsored captive insurers if their losses are limited to their pro rata share of protected cell assets. Association captive insurers owned by an HOA or unit‑owners’ association may insure the risks of individual homeowners or… - Limits on medical liability rate hikes: benefit, low. For professional liability insurance covering practitioners licensed under NRS 630, 631, 632, or 633, insurers cannot justify rate hikes using investment losses or losses from criminal or fraudulent acts by their own staff. The Commissioner must reject increases that rely on those factors. This app… - Stronger reserves for reciprocal insurers: benefit, low. Starting January 1, 2026, reciprocal insurers must keep unearned premium reserves of at least 50% of net written premiums for policies with one year or less to run, plus pro rata for longer terms. If that total is under $100,000, they must hold cash or securities to reach $100,000. The Commissioner… - Faster small property rate increases: mixed, medium. Insurers can use a flex‑filing path to raise some property insurance rates. The filing may request only an increase and must stay within flex thresholds that the Commissioner sets by June 1, 2026 (overall rate impact is at least 3%). The Commissioner has 15 days to flag noncompliance; if not, the f… - Wildfire coverage can be separate now: mixed, medium. Starting January 1, 2026, insurers may exclude wildfire from standard property policies. You may need to buy a wildfire‑only policy, which insurers can sell on a standalone basis or alongside a policy that excludes wildfire. The law defines wildfire and lets the Commissioner approve a different def… - Test new insurance products with guardrails: mixed, low. The Commissioner runs a program that lets approved insurers test new property insurance products. Approvals can include exemptions from some Nevada insurance rules, but the Commissioner can narrow or condition them. Each test lasts up to 36 months, with one 12‑month extension if approved on time. P… ## Sponsors and cosponsors - Sponsor: Jill Dickman (Republican), House - Sponsor: Ken Gray (Republican), House - Sponsor: PK O’Neill (Republican), House - Sponsor: Rich DeLong (Republican), House - Sponsor: Carrie Ann Buck (Republican), Senate - Cosponsor: Danielle Gallant (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-06-02 | Senate | Final Passage - Senate (2nd Reprint) | pass | 21 | 0 | | | 2025-05-27 | House | Final Passage - Assembly (1st Reprint) | pass | 42 | 0 | | ## Actions (28) - 2025-06-09: Chapter 423. (legislature) - 2025-06-09: Approved by the Governor. (legislature) - 2025-06-05: Enrolled and delivered to Governor. (legislature) - 2025-06-02: Senate Amendment No. 930 concurred in. To enrollment. (House) - 2025-06-02: In Assembly. (House) - 2025-06-02: Read third time. Passed, as amended. Title approved. (Yeas: 21, Nays: None.) To Assembly. (Senate) - 2025-06-01: Taken from General File. Placed on General File for next legislative day. (Senate) - 2025-05-31: Taken from General File. Placed on General File for next legislative day. (Senate) - 2025-05-31: From printer. To re-engrossment. Re-engrossed. Second reprint. (Senate) - 2025-05-30: Read second time. Amended. (Amend. No. 930.) To printer. (Senate) - 2025-05-30: Placed on Second Reading File. (Senate) - 2025-05-30: From committee: Amend, and do pass as amended. (Senate) - 2025-05-27: Read first time. Referred to Committee on Finance. To committee. (Senate) - 2025-05-27: In Senate. (Senate) - 2025-05-27: Read third time. Passed, as amended. Title approved, as amended. (Yeas: 42, Nays: None.) To Senate. (House) - 2025-05-27: From printer. To engrossment. Engrossed. First reprint. (House) - 2025-05-26: Read third time. Amended. (Amend. No. 797.) To printer. (House) - 2025-05-26: Placed on General File. (House) - 2025-05-26: From committee: Amend, and do pass as amended. (House) - 2025-04-22: Rereferred to Committee on Ways and Means. Exemption effective. To committee. (House) - 2025-04-22: Taken from General File. (House) - 2025-04-22: Read second time. (House) - 2025-04-22: Amendment No. 440 withdrawn. (House) - 2025-04-22: Placed on Second Reading File. (House) - 2025-04-22: From committee: Amend, and do pass as amended. (House) - 2025-03-25: Notice of eligibility for exemption. (House) - 2025-03-11: From printer. To committee. (House) - 2025-03-10: Read first time. Referred to Committee on Commerce and Labor. To printer. (House) ## Bill text - As Enrolled: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB376_EN.pdf) - As Introduced: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB376.pdf) - Reprint 1: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB376_R1.pdf) - Reprint 2: [PDF](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB376_R2.pdf) ## Related bills - AB397: AN ACT relating to higher education; revising provisions governing certain waivers of fees provided by the Board of Regents of the University of Nevada; revisi… (vetoed) - AB259: AN ACT relating to health care; prohibiting certain actions related to pricing and reimbursement for certain drugs; creating a cause of action for violating su… (vetoed) - AB188: AN ACT relating to the Public Employees' Benefits Program; requiring the Board of the Public Employees' Benefits Program to report certain information relating… (vetoed) - SB217: AN ACT relating to health care; prohibiting a governmental entity from substantially burdening certain activity relating to assisted reproduction under certain… (vetoed) - AB499: AN ACT relating to elections; requiring, with certain exceptions, a registered voter show photo identification to vote in person; requiring the Department of M… (vetoed) - AB388: AN ACT relating to employment; requiring certain public and private employers to establish certain procedures and forms relating to paid family leave; requirin… (vetoed) ## Sources - [As Enrolled (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB376_EN.pdf) - [As Introduced (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB376.pdf) - [Reprint 1 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB376_R1.pdf) - [Reprint 2 (PDF)](https://www.leg.state.nv.us/Session/83rd2025/Bills/AB/AB376_R2.pdf) ## Related - [AB397: AN ACT relating to higher education; revising provisions governing certain waiv…](https://policyrisk.com/state-bill/NV-AB397-83rd2025) - [AB259: AN ACT relating to health care; prohibiting certain actions related to pricing…](https://policyrisk.com/state-bill/NV-AB259-83rd2025) - [AB188: AN ACT relating to the Public Employees' Benefits Program; requiring the Board…](https://policyrisk.com/state-bill/NV-AB188-83rd2025) - [SB217: AN ACT relating to health care; prohibiting a governmental entity from substant…](https://policyrisk.com/state-bill/NV-SB217-83rd2025) - [AB499: AN ACT relating to elections; requiring, with certain exceptions, a registered…](https://policyrisk.com/state-bill/NV-AB499-83rd2025) - [AB388: AN ACT relating to employment; requiring certain public and private employers t…](https://policyrisk.com/state-bill/NV-AB388-83rd2025) - [Nevada bills](https://policyrisk.com/states/nevada/bills) - [Nevada state hub](https://policyrisk.com/states/nevada) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/NV-AB376-83rd2025 (as of 2026-11-01).