Sheri Thome (Partner-Las Vegas) authored “Potential Relief for Nevada Insureds is on the Horizon,” published in the October 12, 2023, edition of Law360. The article looks at Nevada’s new law, A.B. 398, effective October 1, 2023, prohibiting defense-within-limits policies (aka burning-limits policies). Sheri addresses concerns about the extent of the law’s reach and its effect on the availability of certain liability insurance policies for Nevada businesses, non-profits, and state and local governments. She discusses the emergency regulation issued by The Division of Insurance in July 2023, clarifying the scope of A.B. 398 and a new proposed regulation circulated just before the law took effect that, if enacted, would severely restrict the law’s application. A hearing is set for October 30, 2023, on the proposed regulation and its potential impact on both the coverage afforded and the cost of policies that may be covered by A.B. 398.