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Federal District Court in Nevada Rules Insurer Has Right to Reimbursement for Settlement Monies Paid for Non-Covered Damages |
June 25, 2008
Previously published on June 4, 2008
In an important decision for the insurance industry in Nevada, on April 24, 2008, was successful in obtaining a ruling from the federal district court in Las Vegas that insurer Great American Insurance Company has the right to reimbursement for settlement monies it paid for work done by its insured, Distinctive Homes, and for other non-covered items (e.g., defects that do not constitute "property damage," i.e., "physical injury to tangible property").
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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