Nevada legislation · 83rd Legislature (2025)
Nevada AB437: Provides for the establishment of the Fair Access to Insurance Requirements Plan. (BDR 57-103)
Status: Introduced
What the bill says
An act relating to property insurance; creating the Fair Access to Insurance Requirements Plan Association; requiring the membership of certain authorized insurers in the Association; creating the Board of Directors of the Association and prescribing the duties of the Board; requiring the Board to establish the Fair Access to Insurance Requirements (FAIR) Plan; establishing the requirements of the FAIR Plan; and providing other matters properly relating thereto…
From the introduced text, March 18, 2025:
AN ACT relating to property insurance; creating the Fair Access to Insurance Requirements Plan Association; requiring the membership of certain authorized insurers in the Association; creating the Board of Directors of the Association and prescribing the duties of the Board; requiring the Board to establish the Fair Access to Insurance Requirements (FAIR) Plan; establishing the requirements of the FAIR Plan; and providing other matters properly relating thereto. Legislative Counsel's Digest: Sections 2-18 of this bill provide for the establishment of the Fair Access to Insurance Requirements (FAIR) Plan to provide property insurance coverage and commercial property insurance coverage which results from the perils of fire or certain other perils when such coverage is not otherwise available from an authorized insurer in this State. Sections 2-8 define certain terms relating to the FAIR Plan. Section 9 creates the Fair Access to Insurance Requirements Plan Association to establish, offer and maintain the FAIR Plan. Section 9 requires any authorized insurer that offers or sells certain property insurance or commercial property insurance in this State to be a member of the Association. Sections 10-12 create the Board of Directors for the Association and prescribe the duties of the Board, which include establishing the FAIR Plan, developing a plan of operation for the FAIR Plan and making amendments to the plan of operation, subject …
Sponsors
- Jill Dickman (R, 31) · primary sponsor
- Bert Gurr (R, 33) · primary sponsor
- Richard DeLong (R, 26)
- Danielle Gallant (R, 23)
Latest actions
- : (Pursuant to Joint Standing Rule No. 14.3.2, no further action allowed.)
- : Taken from General File. Placed on Chief Clerk's desk.
- : From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 249.) Dispensed with reprinting.
- : From printer. To committee.
- : Read first time. Referred to Committee on Commerce and Labor. To printer.
Common questions
- What is AB437?
- AB437 is a bill in the Nevada Legislature (83rd Legislature (2025)): Provides for the establishment of the Fair Access to Insurance Requirements Plan. (BDR 57-103).
- What does AB437 do?
- In its own words: An act relating to property insurance; creating the Fair Access to Insurance Requirements Plan Association; requiring the membership of certain authorized insurers in the Association; creating the Board of Directors of the Association and prescribing the duties of the Board; requiring the Board to establish the Fair Access to Insurance Requirements (FAIR) Plan; establishing the requirements of the FAIR Plan; and providing other matters properly relating thereto…
- What is the status of AB437?
- Introduced. Latest action: (Pursuant to Joint Standing Rule No. 14.3.2, no further action allowed.) (April 23, 2025).
- Who sponsored AB437?
- Jill Dickman (R, 31), with 3 co-sponsors.
- Where is the official record for AB437?
- On the Nevada Legislature website: https://www.leg.state.nv.us/App/NELIS/REL/83rd2025/Bill/12643/Overview
Source: official Nevada record. Tracked by Delilah, AI for legislation across all 50 states and Congress.