State v. State Farm Mutual Automobile Insurance

OPINION

State Farm Mutual Automobile Insurance Company and State Farm Fire and Casualty Company (“State Farm”) filed a declaratory relief action below contesting the validity of a 1996 amendment to NAC 690B.230(2). State Farm argued that the amendment, promulgated by the Division of Insurance of the State of Nevada (“Division”), violated NRS 679B.130(1) by creating a definition of “chargeable accident” which modified, or conflicted with, existing statutes. The Division denied the allegations and asserted that the regulation, as amended, was a reasonable requirement related to the…