Nevada has become the first U.S. state to begin regulating self-driving vehicles. Legislators have imposed new regulations that would develop new licensing procedures for companies producing these vehicles and those already being operated within the state. The hope is to ensure that the manufacturers of these vehicles will be held responsible for any accidents or mishaps that may happen during their time on the state’s roadways. Legislators claim that this accountability will help protect consumers as well as insurance companies. Last year, one of Google’s famous self-driving vehicles caused an…
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Nevada Senate passes new mortgage and unemployment insurance law
This past Saturday, the Nevada Senate approved new legislations that would keep payroll tax cuts from increasing and ensure that unemployment insurance does not expire at the end of the year. While the passing of the legislation is good news for the unemployed and employed alike, the Senate will be paying for a two-month extension for the insurance program, which will translate into higher prices for those looking to buy or refinance their homes. The bill establishes a new mortgage insurance fee, which is essentially an extra $15 monthly fee…
Read MoreNevada low income car insurance proposal dead in the water
Early this year, Nevada legislators were considering a bill that would provide more affordable car insurance policies to low-income families. The bill had gained momentum in Las Vegas in its early days, but support waned as months passed without comprehensive amendments. It was announced that the Nevada Senate had terminated the bill, leaving its sponsor, Assemblyman Kelvin Atkinson, to go back to the drawing board. Atkinson expressed his disappointment with the lack of Republican support for the bill, but has hopes that a similar measure will be passed in the…
Read MoreNevada low cost car insurance program on the line
New legislation in Nevada that seeks to provide affordable auto insurance to the poor is facing renewed opposition as it inches closer to being signed into law. Introduced and championed by Assemblyman Kelvin Atkinson (D-NV), the bill intends to establish a low-cost auto insurance program that is tailored for those living below the poverty line. Since the bill’s conception it has garnered support. Now a new wave of opposition is mounting in the Senate against the legislation. Atkinson believes the bill will have a real, if modest, impact on those…
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