The Nevada Senate has passed a bill on Tuesday to increase the minimum liability insurance requirements for commercial motor vehicles (CMVs) over 26,000 pounds. The new measure would see these requirements jump from the current $750,000 to $1.5 million by 2030.

The big picture: Known as Senate Bill 180, the legislation aims to address road safety in a state that has seen significant growth since 1980, the last time such requirements were adjusted.

• The bill was approved by a narrow 11-10 vote, mainly supported by Democrats, while Republicans largely opposed it.
• The requirement would increase gradually starting at $1 million in January 2026, according to Las Vegas Sun.

Concerns: Local trucking companies and owner-operators worry about the increased operational costs stemming from the higher insurance premiums.

• Nevada Trucking Association CEO Paul Enos mentioned that these changes might compel local businesses, particularly those with smaller economic margins, to shut down.

What they're saying: Senator Edgar Flores argues the legislation is necessary to modernize insurance standards and cater to Nevada's unique needs.

• He noted that the current standard barely covers the expenses arising from accidents involving commercial trucks.

The bill now moves to the Nevada Assembly for further debate and potential approval.