Most insurance policies contain a contractual provision that sets forth the time frame in which the insured must commence suit should a dispute arise concerning the policy. In many instances, these limitation provisions provide that the insured must file suit no later than one year after the date of the loss.
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The State of Nevada is known as the “Silver State” for its large silver mine industries, but it is also popular for the casinos in its largest city, Las Vegas. For property policyholders in Nevada it is important to know that the state provides statutes that protect and guide insureds during the claim handling process.
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I recently received a call from a policyholder in Nevada who inquired about the statute of limitations for an insurance bad faith case in that state. As some of us have come to know, there are differences among the various states as to the time limitations by which one can bring an action against an insurance company for bad faith.


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