Strategies, Challenges, and Answers

Nevada’s Economic Loss Doctrine Prevents Negligence Claims Against Design Professionals Where Only Economic Loss Has Occurred.

Nevada courts and judges spend lots of time dealing with construction defect disputes.  During the economic boom, Nevada designers and builders put up many residential and commercial buildings.  Some were well designed and built.  Others?  Not so much!  The case of Terracon Consultants Western, Inc. v. Mandalay Resort Gp., 125 Nev. 66, 206 P.3d 81 (2009) was just one of those construction defect suits.What often happens in a construction defect suits is that the owners who find construction … [Read more...]

Nevada Recognizes Duty of Insurance Producers To Use Due Diligence to Place Insurance Or To Seasonably Notify The Client That The Insurance Can’t Be Obtained

Victor Havas’ bad luck with insurance did not start in 1979 as reported here.  He had been having insurance issues long before that.Back in the late sixties, Mr. Havas owned a used car lot.  Some of his used cars came up missing.  He hired Richard Carter of Insurance Agency, Inc. to find him an “open lot insurance” that would cover his inventory against fire, theft and other losses.Carter had some success and placed the policy which later cancelled.  He tried again and again the policy … [Read more...]