News - Tools & Intel

10/23/2023 Casualty Defense Within Limits Liability Nevada

Nevada Bans Defense-Within-Limits for Liability Insurance

Nevada is taking a chance on a new law that’s upping the ante in the state’s admitted liability insurance market. The Silver State recently became the first to comprehensively ban widely used ‘defense within limits’ provisions from admitted liability insurance policies. Such provisions subtract defense costs from an insured’s available limits, effectively eroding coverage.

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Nevada Bans Defense-Within-Limits for Liability Insurance 10/23/2023 Casualty Defense Within Limits Liability Nevada

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