NV AB332

Eliminates annual assessments for Subsequent Injury Accounts for self-insured employers, associations of self-insured employers, and private carriers, and prohibits new claims against these accounts for injuries occurring on or after October 1, 2025

Removes the $36,000 maximum payroll cap used to calculate industrial insurance premiums for employees and corporate officers/managers

Allows association administrators and third-party administrators of self-insured employer associations to have direct or indirect financial interests in each other, removing the current prohibition

Eliminates the requirement for third-party administrators to file a separate surety bond for each association of self-insured employers they serve

Repeals the Commissioner of Insurance's requirement to conduct annual audits of each association of self-insured employers