American Property Casualty Insurance Association
  • Staff Contact: Nicole Mahrt-Ganley     
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  • June 1, 2017
  • Nevada Becomes 23rd State to Modernize Insurance Laws Allowing E-Card, E-Delivery and E-Posting
  • CARSON CITY, Nev. — With the recent signature of AB 455 by Gov. Brian Sandoval, Nevada becomes the 23rd state to modernize insurance laws to keep pace with how consumers want to receive their insurance policy documents and information, says the Property Casualty Insurers Association of America (PCI).  Assembly Bill 455 gives consumers the choice to receive their insurance policies, documents and consumer notices electronically. This legislation also enables insurers to post standard policy forms and endorsements online in lieu of mailing paper documents.

    “Increasingly consumers want to conduct their personal business online using their smartphone or tablet.  They want fast access and user-friendly ways to see their documents,” said Mark Sektnan, PCI vice president for state affairs.  “Assembly Bill 455 gives insurance customers more choice, convenience and flexibility in managing their insurance.”

    Assembly Bill 455 was approved by the Nevada State Assembly on April 25, 2017 on a 42 to 0 vote.  The Nevada State Senate voted 21 to 0 to approve AB 455 on May 18, 2017.  Gov. Sandoval signed AB 455 into law on May 26, 2017. 

    Nevada is the 23rd state to approve laws allowing drivers to show proof of insurance using their smartphone, and enable consumers to receive insurance documents digitally and allowing insurers to post generic policy forms and endorsements online instead of mailing thick paper documents. 

    “Consumers who choose to conduct their business electronically enjoy faster delivery which also results in reduced administrative costs for insurers,” said Sektnan.  “These modernized delivery options reduce energy consumption, paper use and other consumables associated with conventional mail. This is a win-win for everyone.”

  • PCI promotes and protects the viability of a competitive private insurance market for the benefit of consumers and insurers. PCI is composed of nearly 1,000 member companies, representing the broadest cross section of insurers of any national trade association. PCI members write $202 billion in annual premium, 35 percent of the nation's property casualty insurance. Member companies write 42 percent of the U.S. automobile insurance market, 27 percent of the homeowners market, 33 percent of the commercial property and liability market and 34 percent of the private workers compensation market.
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