Sigal Chattah, a former candidate for attorney general of Nevada, has expressed concerns about the state's insurance industries. She said that these industries operate without meaningful oversight and have become unaffordable for residents, with Nevadans facing new cost increases every week. Chattah made this statement on X on February 13.
"Nevada's insurance industries are a racket that have zero functioning oversight," said Chattah, Politician. "Home, auto and professional insurance should NOT be so prohibitive that it makes you question its utility."
According to the Las Vegas Review Journal, Nevada holds the fourth-highest auto insurance rates in the United States. Residents in the Las Vegas Valley are paying an average of $3,549 annually, which accounts for nearly 5% of their income. This occurs amid rising post-pandemic living costs. Nationally, auto insurance costs have surged, with the Consumer Price Index for auto insurance increasing by 18.6% from July 2023 to 2024. Insurers such as Country Financial attribute these rate hikes to inflation, increased repair costs, and lawsuit abuse.
The Marsh McLennan Agency reports that legal system abuse is contributing to increased liability costs for U.S. businesses. This is driven by attorney advertising, shifting lawsuit attitudes, and third-party litigation funding. The agency states that this trend leads to higher insurance premiums, reputational harm, and broader community impact. Marsh McLennan advises companies to mitigate risk through stronger governance, expert advisors, and stakeholder engagement to combat the financial strain caused by aggressive legal tactics.
According to Ballotpedia, Chattah is a civil and criminal defense attorney who ran as the Republican candidate for Nevada Attorney General in 2022. She previously served on the Las Vegas Planning Commission and the Southern Nevada Disciplinary Board of the State Bar.