K-Mart Corp. v. State Industrial Insurance System

OPINION

By the Court,

Manoukian, C. J.:

This is an appeal from an order of the lower court on judicial review affirming the decision of the Nevada Industrial Commissioners. We hold that no impairment of contract occurred by the passage of A.B. 433 because this state’s workers compensation act creates a status based relationship which is not contractual or consensual. Additionally, we hold that any retroactive effect of A.B. 433 was a valid exercise of the Legislature’s police power. The State Industrial Insurance System’s individual assessments against self-insured employers, derived by applying…