AB 376 Nevada Assembly · 2025 Regular Session

Revises provisions relating to insurance. (BDR 57-1009)

AB 376 establishes a 4-year Regulatory Experimentation Program for insurance innovation, allowing authorized insurers to test new property insurance products (covering real or personal property in Nevada) without full compliance with Nevada Insurance Code rules. Insurers must apply to the Commissioner for approval within 90 days, with products limited to 36 months of testing (extendable by 12 months). The program requires specific consumer disclosures before offering new products and mandates the Commissioner to report on the program by 2029. Additional provisions include a streamlined rate filing process for certain property insurance and updates to rules for reciprocal/captive insurers, such as allowing captive insurers to offer homeowners’ coverage.

Bill status signed all 5 stages cleared

Introduction

Mar 2025

Committee Review

May 2025

Assembly Passage

Jun 2025

Senate Passage

Jun 2025

Signed into Law

Jun 2025

Introduced Mar 10, 2025 Signed Jun 9, 2025

Maddy AI version diff · 3 comparisons

What changed between versions

Reprint 2 → As Enrolled · 2 edits · Jun 9, 2025

MINOR

The bill text was updated from a 'Reprint' version to the final 'As Enrolled' version, incorporating the official chapter number and removing internal tracking markers. The substantive policy language regarding insurance regulations, the new experimentation program, and rate filing procedures remains identical.

TECHNICAL

Removed internal reprint headers, session dates, and line numbers used for tracking amendments during the legislative process.

Added the official 'CHAPTER' placeholder and the 83rd Session (2025) header to finalize the document for publication.

Floor votes · Senate Jun 2, 2025 · Assembly May 27, 2025

How they voted

20–0

Passed

Total votes 20

Jun 2, 2025

D Democratic12

12 Yea

100% Yea

R Republican8

8 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 9, 2025

Signed into law

Approved by the Governor. Chapter 423.

executive

Jun 2, 2025

Lower · Passed

Read third time. Passed, as amended. Title approved, as amended. (Yeas: 21, Nays: None.) To Assembly. In Assembly. Senate Amendment No. 930 concurred in. To enrollment.

lower

May 30, 2025

Lower · Passed

From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 930.) To printer.

lower

May 27, 2025

Lower · Passed

From printer. To engrossment. Engrossed. First reprint. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 42, Nays: None.) To Senate. In Senate. Read first time. Referred to Committee on Finance. To committee.

lower

May 26, 2025

Lower · Passed

From committee: Amend, and do pass as amended. Placed on General File. Read third time. Amended. (Amend. No. 797.) To printer.

lower

Apr 22, 2025

Lower · Passed

From committee: Amend, and do pass as amended. Placed on Second Reading File. Amendment No. 440 withdrawn. Read second time. Taken from General File. Rereferred to Committee on Ways and Means. Exemption effective. To committee.

lower

Mar 11, 2025

Lower · Passed

From printer. To committee.

lower

4 primary · 1 co-sponsor