Insurance commissioner: carriers slow to use wildfire options in AB376; state to convene experts The insurance commissioner told the Commerce and Labor interim committee that, so far, no insurer has used AB376provisions to carve out wildfire coverage and DOI and DBI will convene experts to explore mitigation, market options and catastrophe-bond possibilities.

Nevada's insurance market is at a standstill as no companies have yet utilized new wildfire coverage options, prompting state officials to take action and explore innovative solutions.

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