Lawmaker criticizes insurance companies for being quick to raise rates, slow to innovate

By: April Corbin Girnus

Outlets: Nevada Current

Published: February 2, 2026

Words: 652

Last Updated: 3 weeks, 2 days ago

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Nevada’s solution to the problem of homeowners being dropped en masse by insurance companies over growing wildfire risk is receiving a tepid response.

Assembly Bill 376 created what’s known as a “regulatory sandbox” — permission for insurance companies to offer policies that don’t meet existing statutory requirements. The Nevada Division of Insurance still has to review and approve them for possible consumer harm, but the idea is to allow for innovation and new insurance …

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