2025- January

Presidents Message

 Greetings,

As we embark on a new year, we want to take a moment to update you on critical developments affecting our industry and the communities we serve. There are several key topics that we believe will shape the future of insurance placement in Nevada and the broader western region.

California Wildfires and Their Impact on Insurance

As many of you are aware, California continues to battle devastating wildfires year after year. The impact on insurance markets has been profound, as insurers are re-evaluating their risk exposure in the state. This trend has led to challenges in securing coverage for properties in high-risk areas. As neighboring states, including Nevada, face increasing risks from wildfires and other natural disasters, we are concerned that the availability and affordability of insurance may begin to mirror the struggles we are seeing in California.  Our association has contributed to the Big I Disaster Relief Fund- CA $2,000 to help with costs to rebuild for our partners who have been affected. 

What does this mean for Nevada?
We are closely monitoring this situation and working with insurers, state officials, and other stakeholders to ensure that Nevada's insurance marketplace remains as competitive and resilient as we can. Our goal is to advocate for policies that protect consumers while maintaining a stable market for all parties involved.

The Future of Insurance Placement in Nevada

Insurance placement in Nevada is at a critical juncture. With more frequent and intense natural disasters, there is growing concern about the sustainability of the traditional insurance models we rely on. We're seeing a tightening of the market and, in some cases, significant premium increases, which could lead to affordability issues for Nevada residents and businesses.

At NIIA we are committed to actively engaging with state regulators and legislators to ensure that Nevada's insurance market remains robust and adaptable. We are pushing for policies that will not only address the short-term concerns but also lay the groundwork for long-term stability.  We ENCOURAGE and welcome anyone to join us while we advocate for the industry this legislative session. 

NIIA's Involvement in Legislative Advocacy

As we prepare for the upcoming legislative session, NIIA is once again gearing up to be a strong voice for the insurance industry in Nevada. There are several proposed pieces of legislation that could directly affect our members, and we are dedicated to monitoring the bills while ensuring the needs of the industry are heard loud and clear.  Please review the information below regarding Big 'I' Day,  “Day on the Hill" coming up April 8 in Carson City and the Big 'I' Legislative Conference in Washington D.C. the end of April. 

Our focus will include:

• Advocating for reasonable and practical regulations to balance the needs of consumers with the realities of risk management.
• Ensuring that Nevada remains a competitive market for insurance carriers, while still prioritizing consumer protection.
• Engaging in constructive dialogue with lawmakers to help shape proposals that address current and future challenges in the insurance sector.

Our Passion and Commitment to the Future

We are passionate about supporting our members and ensuring that Nevada's insurance market remains strong and resilient. Our continued involvement in legislative advocacy is a testament to our commitment to the future of our industry. We encourage all our members to stay engaged, participate in discussions, and lend their voices to the ongoing efforts to shape effective, forward-thinking policy.

Get Involved  

We are also looking for partners and colleagues to be involved in the association's future board of directors & committees. Please reach out to me, Susan or any of the other board members to discuss if you have an interest in being more involved in this capacity.   I can assure you; it is a great experience. 

Together, we can ensure Nevada remains a place where insurance continues to be accessible, fair, and responsive to the challenges of the modern world.

Thank you for your continued support and involvement.

Francie Stocking

President, Nevada Independent Agents Association 2024/2025

Nomination form 2025