Nevada is famous for rolling out the red carpet to welcome visitors from all over the world.  But until a few years ago, that welcome sign was not shining brightly for out-of-state insurance agents or adjusters. Consider that Nevada would allow non-resident agents to get Nevada insurance agent licenses.  However, NRS 680A.300 obligated a resident insurance agent to countersign the insurance contract entitling that resident agent to up to 5% cut of the total premium. Well along came the … [Read more...]