Bulletin 26-003: Payment Flexibility for Hawk Fire Recovery

The Nevada Division of Insurance issued a bulletin calling for payment flexibility as policyholders recover from the Hawk Fire. In the last few weeks, northern Nevada experienced several wildfires, including the Hawk, Bug, Fred Mountain, Stallion, Oxley, and Sombrero fires. With over 150,000 acres affected, communities are experiencing significant disruption, such as displaced residents, property damage, and business interruption. When a Nevada policyholder is impacted by wildfire, insurers are asked to work with their policyholders by providing flexibility on timing of premium payments, flexibility for additional living expenses (coverage D loss of use) due to evacuations, and taking burn scar flood risk into consideration in claims coverage decisions. Questions about this Bulletin may be directed to. Signed by Insurance Commissioner Ned Gaines.