A.B. 512
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ASSEMBLY BILL NO. 512–COMMITTEE
ON COMMERCE AND LABOR
MARCH 24, 2025
____________
Referred to Committee on Commerce and Labor
SUMMARY—Revises provisions relating to casualty insurance.
(BDR 57-1089)
FISCAL NOTE: Effect on Local Government: No.
Effect on the State: No.
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EXPLANATION – Matter in bolded italics is new; matter between brackets [omitted material] is material to be omitted.
AN ACT relating to insurance; including certain insurance that
provides for certain payments for certain legal services
and certain expenses in the definition of “casualty
insurance”; and providing other matters properly relating
thereto.
Legislative Counsel’s Digest:
Existing law provides for the regulation of insurance and insurers in this State 1
by the Commissioner of Insurance. (Title 57 of NRS) Existing law establishes 2
various kinds of insurance and prohibits the Commissioner from authorizing an 3
insurer to transact in this State any kind of insurance other than the kinds of 4
insurance established under existing law. (NRS 680A.080, 681A.010-681A.080) 5
Among the various kinds of insurance established under existing law is casualty 6
insurance, which existing law defines to include vehicle insurance, liability 7
insurance, workers’ compensation and employer’s liability insurance and various 8
other particular types of casualty insurance. (NRS 681A.020) This bill expands the 9
definition of casualty insurance to include legal expenses insurance, which, under 10
this bill, means insurance against any liability to pay or reimburse the costs of any 11
specific legal services or specific legal expenses, other than the cost of any fee paid 12
to an attorney for the overhead and administrative costs of the attorney. As such, 13
under this bill, legal expenses insurance is included among the various types of 14
insurance that a casualty insurer may be authorized to transact and subject to any 15
applicable provision of existing law governing casualty insurance. 16
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THE PEOPLE OF THE STATE OF NEVADA, REPRESENTED IN
SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS:
Section 1. NRS 681A.020 is hereby amended to read as 1
follows: 2
681A.020 1. “Casualty insurance” includes: 3
(a) Vehicle insurance. Insurance against loss of or damage to 4
any land vehicle or aircraft or any draft or riding animal or to 5
property while contained therein or thereon or being loaded or 6
unloaded therein or therefrom, from any hazard or cause, and 7
against any loss, liability or expense resulting from or incidental to 8
ownership, maintenance or use of any such vehicle, aircraft or 9
animal, together with insurance against accidental injury to natural 10
persons, irrespective of legal liability of the insured, including the 11
named insured, while in, entering, alighting from, adjusting, 12
repairing, cranking, or caused by being struck by a vehicle, aircraft 13
or draft or riding animal, if such insurance is issued as an incidental 14
part of insurance on the vehicle, aircraft or draft or riding animal. 15
(b) Liability insurance. Insurance against legal liability for the 16
death, injury or disability of any human being, or for damage to 17
property, including liability resulting from negligence in rendering 18
expert, fiduciary or professional services, and provisions of medical, 19
hospital, surgical, disability benefits to injured persons and funeral 20
and death benefits to dependents, beneficiaries or personal 21
representatives of persons killed, irrespective of legal liability of the 22
insured, when issued as an incidental coverage with or supplemental 23
to liability insurance. 24
(c) Workers’ compensation and employer’s liability. Insurance 25
of the obligations accepted by, imposed upon or assumed by 26
employers under law for death, disablement or injury of employees. 27
(d) Burglary and theft. Insurance against loss or damage by 28
burglary, theft, larceny, robbery, forgery, fraud, vandalism, 29
malicious mischief, confiscation, or wrongful conversion, disposal 30
or concealment, or from any attempt at any of the foregoing, 31
including supplemental coverage for medical, hospital, surgical and 32
funeral expense incurred by the named insured or any other person 33
as a result of bodily injury during the commission of a burglary, 34
robbery or theft by another, and, also, insurance against loss of or 35
damage to moneys, coins, bullion, securities, notes, drafts, 36
acceptances or any other valuable papers and documents, resulting 37
from any cause. 38
(e) Personal property floater. Insurance upon personal effects 39
against loss or damage from any cause. 40
(f) Glass. Insurance against loss or damage to glass, including its 41
lettering, ornamentation and fittings. 42
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(g) Boiler and machinery. Insurance against any liability and 1
loss or damage to property or interest resulting from accidents to or 2
explosions of boilers, pipes, pressure containers, machinery or 3
apparatus, and to make inspection of and issue certificates of 4
inspection upon boilers, machinery and apparatus of any kind, 5
whether or not insured. 6
(h) Leakage and fire extinguishing equipment. Insurance against 7
loss or damage to any property or interest caused by the breakage or 8
leakage of sprinklers, hoses, pumps and other fire-extinguishing 9
equipment or apparatus, water pipes or containers, or by water 10
entering through leaks or openings in buildings, and insurance 11
against loss or damage to such sprinklers, hoses, pumps and other 12
fire-extinguishing equipment or apparatus. 13
(i) Credit and mortgage guaranty. Insurance against loss or 14
damage resulting from failure of debtors to pay their obligations to 15
the insured, and insurance of real property mortgage lenders against 16
loss by reason of nonpayment of the mortgage indebtedness. 17
(j) Elevator. Insurance against loss of or damage to any property 18
of the insured, resulting from the ownership, maintenance or use of 19
elevators, except loss or damage by fire, and to make inspection of 20
and issue certificates of inspection upon, elevators. 21
(k) Congenital defects. Insurance against congenital defects in 22
human beings. 23
(l) Livestock. Insurance against loss or damage to livestock, and 24
services of a veterinary for such animals. 25
(m) Entertainments. Insurance indemnifying the producer of any 26
motion picture, television, radio, theatrical, sport, spectacle, 27
entertainment, or similar production, event or exhibition against loss 28
from interruption, postponement or cancellation thereof due to 29
death, accidental injury or sickness of performers, participants, 30
directors or other principals. 31
(n) Legal expenses. Insurance against any liability to pay or 32
reimburse the costs of any specific legal services or specific legal 33
expenses, other than the cost of any fee paid to an attorney for the 34
overhead and administrative costs of the attorney. 35
(o) Miscellaneous. Insurance against any other kind of loss, 36
damage or liability properly a subject of insurance and not within 37
any other kind of insurance as defined in this chapter, if such 38
insurance is not disapproved by the Commissioner as being contrary 39
to law or public policy, including insurance for home protection 40
issued pursuant to NRS 690B.100 to 690B.180, inclusive. 41
2. Provision of medical, hospital, surgical and funeral benefits, 42
and of coverage against accidental death or injury, as incidental to 43
and part of other insurance as stated under paragraphs (a) (vehicle), 44
(b) (liability), (d) (burglary), (g) (boiler and machinery) and (j) 45
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(elevator) of subsection 1 shall for all purposes be deemed to be the 1
same kind of insurance to which it is so incidental, and is not subject 2
to provisions of this Code applicable to life and health insurances. 3
H