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Contractor License Bonds: Everything You Need to Know

Levelset

A few examples of obligees include the California Contractors State License Board, the Nevada State Contractors Board, and the Oregon Construction Contractors Board. In the event of a valid claim against the license bond, the principal must reimburse the surety company for any payouts. Contractor bond claim process.

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Economic Loss Doctrine bars Nevada claims against Architect

Construction Lawyer

Economic Loss Doctrine bars Nevada claims against Architect. The economic loss doctrine operates to bar such negligence actions in Nevada where the loss is purely economic. Listed below are links to weblogs that reference Economic Loss Doctrine bars Nevada claims against Architect : Recent Posts. Categories.

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How to Step Up Your Game on Loss Control & Claims Management

Construction Business Owner

How to Step Up Your Game on Loss Control & Claims Management. Achieving favorable terms in a hard property & casualty insurance market. construction claims management. Greg Ragsdale. Mon, 11/23/2020 - 19:11. Author Richard Kohn & William Lathem. Risk Management. Promote to rotator No. Main Image. Sponsored by. Cobbs Allen.

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How to Get Better Options in Today’s Hard Insurance Market

Construction Business Owner

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Greg Ragsdale.

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constructionattorneyblog: Summary Judgment in Arbitration Upheld

Construction Lawyer

. | Economic Loss Doctrine bars Nevada claims against Architect » April 17, 2009. The plaintiffs had brought an arbitration against an insurance company for which they worked as state sales coordinators. The panel of arbitrators granted summary judgment for the insurance company, finding that the claim had no merit.

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Idle Equipment not entitled to Lien in Missouri

Construction Lawyer

« Economic Loss Doctrine bars Nevada claims against Architect | Main. | » April 20, 2009. Idle Equipment not entitled to Lien in Missouri. A Missouri court has affirmed a trial court ruling in favor of a lien claimant, but at an amount reduced by the trial court to reflect the value of the idle time for the equipment.

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7 Deadly Sins: Construction Defects to Avoid, Part I

Pro Builder

Construction defect claims typically hit the books eight or nine years after completion but can appear even earlier on poorly managed projects. For single-family homes, however, the average deficiency rate in California and Nevada was much lower than in Texas and Florida. . . . 7 Deadly Sins: Construction Defects to Avoid, Part I.