Self-Insured Employers Can Recover From Guaranty Association, Court Rules

LAS VEGAS - Self-insured employers can seek reimbursement from the Nevada Insurance Guaranty Association in the wake of their excess carrier's insolvency because they are not "insurers" under the state's guaranty association act, the Nevada Supreme Court ruled. MGM Mirage v. Nevada Insurance Guaranty Association, No. 49445 (Nev. Sup.).

In a June 25 opinion, the court, led by Chief Justice James Hardesty, concluded that the Nevada legislature did not intend to exclude self-insured employers from recovery under the Nevada Insurance Guaranty Association Act.

MGM Mirage and Steel Engineers Inc. are self-insured employers, as defined under Nevada's workers' compensation laws. As …