Strategies, Challenges, and Answers

Archives for November 2008

Special Policies Get No Special Treatment

Even Out of the Ordinary Auto Policies Must Provide Minimum UM / UIM LimitsIn the case of Continental Insurance v. Murphy, 120 Nev. 506, 96 P.3d 747 (2004), the Nevada Supreme Court said that it will enforce basic mandatory minimum limits of $15,000 per person, $30,000 per accident for uninsured / underinsured motorist coverage, as required by NRS 690B.020 and NRS 687B.145(2), even where the claim involved an out of the ordinary policy that was written especially to cover a “classic … [Read more...]