On Oct. 28, 2021, the Nevada Supreme Court in Zurich American Insurance Company v.. Ironshore Specialty Insurance Company, 137 Nev. Adv. Op. 66, held that an insured can rely on extrinsic facts to show that an insurer has a...more
The Nevada Supreme Court held that insurers may seek reimbursement of defense costs if a court determines that it owed no duty to defend and the insurer reserved reimbursement rights.
In Nautilus Insurance Company v....more
Insurance companies can no longer breach the duty to defend believing that, as long as they act in good faith, their potential liability is capped at policy limits or any costs incurred by the insured in mounting a defense....more
12/17/2018
/ Bad Faith ,
Breach of Contract ,
Car Accident ,
Company Vehicles ,
Consequential Damages ,
Default Judgment ,
Denial of Insurance Coverage ,
Duty to Defend ,
Good Faith ,
Insurance Industry ,
Insurance Litigation ,
NV Supreme Court ,
Policy Limits ,
Stays ,
Unfair or Deceptive Trade Practices ,
Vicarious Liability