Repeals certain provisions which prohibit an insurer from issuing or renewing certain policies of liability insurance. (BDR 57-643)

AB 206 repeals Nevada law that previously prohibited insurers from issuing or renewing liability insurance policies containing specific cost provisions. The bill removes restrictions on policies that either reduce the stated liability limit by defense costs, legal fees, or other claim-related expenses, or limit coverage for those costs. This directly affects insurers (who can now offer such policies) and policyholders (whose coverage terms may change). The change allows insurers greater flexibility in structuring liability insurance policies without violating state law.