Last night I started getting the issue , Verizon replaced the sim , it worked for maybe um let see 3 hours and no data , went back today and the replaced my phone , we will see how long this one lasts
If the problem persists, just take the SIM card out and reseat it (wiping it down wouldn't hurt either, because during manufacture there still might be a protective coating on the contacts). So far I haven't had any problems with mine since doing this.
Sent telepathically from my padded cell via an HTC DROID DNA
I was having the problem pretty frequently up until about a week and a half ago when I removed the SIM card, cleaned it with rubbing alcohol, and used a keyboard air cleaner for the port (Thanks Imnutsnj). I noticed there was a faint finger print on the SIM's contact points. After a careful cleaning I re-seated the card and haven't had the issue since.
So far so good.