Construction defect laws intended to protect consumers have morphed into a trial lawyer’s dream and a nightmare for Nevada’s building trades, putting many out of business and sending the cost of insurance skyrocketing, representatives of the homebuilding and construction industry …
Subrogation, indemnity, and legal issues are important factors when dealing with construction defect (CD) claims. Because these issues arise concurrently, it’s essential that adjusters stay organized when handling CD claims, according to Lynne Jurek Shannon and Doris T. Bobadilla, construction …
This week S.C. Governor Nikki Haley signed into law legislation to address the state’s Supreme Court ruling on Crossmann Communities of North Carolina, Inc. v. Harleysville Mutual Insurance Co.(Crossman). Earlier this year, the state Supreme Court issued a unanimous ruling …
Proposed Nevada construction defect lawsuit reforms that were criticized as “window dressing” by the building industry died in the Senate. AB401 sponsored by Democratic Assembly Speaker John Oceguera failed on 9-12 vote. The bill would have set a three-year statute …
Proposed construction defect lawsuit reforms in Nevada were criticized as “window dressing” by a representative of the building industry who told lawmakers the bill should be scrubbed. AB401, sponsored by Assembly Speaker John Oceguera, D-Las Vegas, would set a three-year …
Insurers in South Carolina may find themselves on the losing side over a battle to prevent construction defects from being covered under a general commercial liability (CGL) policy. The South Carolina Senate has approved a bill (S.431) that would reverse …