Robert Trautmann – February 17, 2013 In a previous post, I discussed whether Hurricane Sandy victims were also the victims of bad faith claims handling by their insurance carriers. This post will discuss what constitutes bad faith here in New Jersey. Many Hurricane Sandy victims are still waiting on their insurance carrier to processes and… Continue reading New Jersey Bad Faith Claims
Your Voice Friday
Analysis of “Occurrence” in Defect Coverage Actions
Aaron Mandel and Stevi Raab – February 8, 2013 Through its recent opinion in Westfield Ins. Co. v. Custom Agri Systems, Inc., 2012 WL 4944305 (Ohio Oct. 16, 2012) (“Westfield”), the Ohio Supreme Court joined the majority of states in holding that faulty construction work does not qualify as an “occurrence” within the meaning of… Continue reading Analysis of “Occurrence” in Defect Coverage Actions
UNLV Study: Construction Defect Law May Stifle Economy
Michael Chamberlain – February 16, 2013 A study released by the UNLV Center for Business and Industry reveals that the state’s current construction defect law could be partly responsible for Nevada’s slow economic recovery. The study, The Nevada Housing Market: Prospects for Recovery, was distributed to legislators late last week. It claims that the sluggish recovery… Continue reading UNLV Study: Construction Defect Law May Stifle Economy
Bill Introduced to Alter State’s Construction Defect Law
The Record-Courier – February 18, 2013 A report released last week shows that construction defect claims per new home in Nevada is 38 times higher than the national average. There are 1.35 construction defect claims per closing, according to the study conducted by the University of Nevada, Las Vegas. Out of all the other states,… Continue reading Bill Introduced to Alter State’s Construction Defect Law