The Nevada Division of Insurance is charged with protecting the rights of the consumer and the public's interest in dealing with the insurance industry and is responsible for regulating the insurance industry. The Division's major functions include:

• Setting ethical and financial standards for insurance companies and reviewing rates;
• Responding to and assisting consumers;
• Reviewing insurance policies to ensure compliance with Nevada insurance laws and regulations; 
• Licensing insurance companies, insurance agents and producers;
• Ensuring insurance companies are solvent and are financially able to pay claims;
• Ensuring companies follow through on the promises made to consumers through insurance policies;
• Reviewing programs operated by self-insured employers for worker's compensation.

The Division of Insurance operates within the Department of Business and Industry.