Nevada Supreme Court to Set Precedent on Equitable Subrogation Claims

0
57

The Nevada Supreme Court’s ruling in this case will clarify whether the state will continue to adhere to the requirement of damages for subrogation claims or allow excess insurers more leeway in pursuing claims against primary insurers under certain circumstances.

As the Nevada Supreme Court prepares to rule on this critical issue, the outcome will shape future equitable subrogation claims in Nevada, potentially aligning the state’s law with California’s more permissive approach or maintaining its current requirement that damages must be demonstrated. The decision could have significant consequences for insurers in Nevada, especially in cases involving settlements within policy limits.