The Superior Court of New Jersey, Appellate Division, has issued a very important decision for real estate developers and general contractors whose insurance companies have reserved rights or denied coverage for damage caused...more
7/14/2015
/ Commercial General Liability Policies ,
Construction Industry ,
Faulty Workmanship ,
Fireman's Fund Insurance ,
General Contractors ,
Insurance Industry ,
ISOs ,
Liability Insurance ,
Property Damage ,
Real Estate Development ,
Real Estate Market ,
Subcontractors
In an important decision for policyholders in the construction business, the Supreme Court of Alabama recently clarified that Alabama law is in accord with the growing majority of jurisdictions finding coverage for property...more
Jurisdictions are split over whether defective construction can give rise to an occurrence under commercial general liability insurance policies. Some jurisdictions have held that faulty workmanship cannot constitute the...more