Insurance Crisis Builders votes
Hundreds of trading partners Monday an increase in debt frivolen construction defect litigation in favour of a “crisis of insurance” threat crippled Nevada’s home construction.
“This situation has packaged industry for several years and will further strengthen,” said Steve Hill, president of Silver State Materials and president of the Coalition for equity in the construction field, a group has recently been made to the receipt of legislative reforms.
Hill was one of several hundred partners, who boarded the Sawyer State Building Monday to testify via video, Nevada, before Insurance Commissioner Alice Molasky-Arman on the availability and costs for construction liability insurance.
More industry officials attended the hearing of Carson City.
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