Strategies, Challenges, and Answers

Improper Cancellation or Non-Renewal Can Be A Breach Of Contract And An Unfair Insurance Claims Settlement Practice

In 1989, the Reinkemeyers insured their home with Safeco.  Between 1989 and 1993, they submitted three homeowner’s insurance claims, none of which were their fault.  In 1994, Safeco told the Reikemeyers that it would not renew their policy.The Reinkemeyers sued alleging that Safeco had violated the provisions of NRS 687B.310 - .420.  In particular, they pointed to NRS 687B.385 which currently provides: NRS 687B.385 Cancellation, nonrenewal or increase in premium due to claims for which … [Read more...]

At Renewal, An Insurer Must Give Adequate Notice Of Intended Policy Changes. Otherwise, The Policy Renews Under The Prior Terms

On November 21, 1980, a devastating fire swept through the MGM Grand Hotel in Las Vegas, Nevada.  The fire killed 85 people and injured more than 700.  A complete copy of the Clark County Fire Report can be downloaded HERE.At the time, the Grand Hotel Gift Shop served the guests of the hotel.  Fire destroyed the Shop resulting in damage of almost $1,000,000 including lost fixtures, inventory and business interruption.  The Gift Shop sued its insurance agent and its insurer Granite State … [Read more...]