On November 14, 2025, the Nevada Division of Insurance (DOI) issued Bulletin 25-005 to provide information about the Program of Flex-Rated Filing (Program). Effective January 1, 2026, Assembly Bill 376 requires the Commissioner to establish a Program to allow an insurer that issues a line of property insurance covering real property to make a filing for a proposed rate increase under that Program, in lieu of making a filing pursuant to NRS 686B.070.

A rate filing is eligible for the Program if it is submitted to the DOI through SERFF and meets the requirements in Assembly Bill 376. Additionally, an insurer must state in the filing description and filing memorandum that the filing is intended for consideration under the Program. Effective January 1, 2026, the maximum percentage of overall rate impact pursuant to the Program is 3% and the maximum percentage of individual rate disruption is also 3%.

Please see Bulletin 25-005 for more information.