Nevada Division of Insurance Recovers Over $9.4 Million for Consumers in 2024
CARSON CITY, NV - In a landmark year for consumer advocacy, the Nevada Division of Insurance (NDI) has announced an impressive recovery of $9,400,385.97 for Nevada residents in 2024. This financial restitution was achieved through the diligent work of the Division's Consumer Services section, which successfully closed 4,194 consumer complaint cases throughout the year.
The Consumer Services and Investigations teams at NDI are tasked with navigating the complex landscape of insurance disputes, ensuring that Nevadans receive the benefits and services they are entitled to under their insurance policies. Their efforts not only bring resolution to disputes but also underscore the Division's role in safeguarding consumer rights against insurance companies.
Commissioner Scott Kipper praised the Consumer Services team for their remarkable achievements, stating, "The accomplishments of the Consumer Services section this year are truly outstanding. Their dedication to resolving consumer issues has resulted in recoveries that surpass previous Fiscal Year records, further highlighting the Division's unwavering commitment to protecting Nevada consumers."
This year's figures represent a significant milestone for NDI, demonstrating not only growth in the number of cases handled but also in the amount of money recovered for consumers. The services provided by NDI cover a broad spectrum of insurance types, including auto, home, health, dental, life, commercial, service warranty, title, workers' compensation, surety bonds, and bail bonds.
For Nevadans facing issues with their insurance providers, the Division offers a clear path to resolution. Consumers are encouraged to reach out to the Nevada Division of Insurance for assistance with any insurance-related questions or complaints. This proactive approach ensures that individuals are not left to navigate these often complex issues alone.
The success of the Consumer Services section in 2024 not only reflects the Division's commitment to consumer protection but also serves as a reminder of the importance of regulatory bodies in maintaining fairness in the insurance market. As the Division continues to advocate for consumer rights, it solidifies its role as a pivotal protector in Nevada's insurance sector.
For more information or to file a complaint, consumers can visit the Nevada Division of Insurance website. This initiative by NDI is a testament to the ongoing efforts to enhance consumer protection in the ever-evolving insurance landscape.