New Jersey Supreme Court Gives Supreme Win to Policyholders
Yesterday, the Supreme Court of New Jersey unanimously affirmed the Appellate Division’s holding that consequential damages caused by a subcontractor’s faulty workmanship constitute “property damage” and an “occurrence” under the 1986 Insurance Services Office, Inc. (“ISO”) form commercial general liability (“CGL”) insurance policy. This holding is welcome news to real estate developers, general contractors, and commercial policyholders who may seek coverage for damage caused by the faulty work of their subcontractors. Read the article…………………..
HB 2644 (Rep. Cassidy), would have amended former Section 18.8 “Common Elements; rights of board” of the Illinois Condominium Property
On May 27, 2013, the Texas Legislature concluded the 2013 legislative session. Unlike the 2011 legislative session, in which the
A new report has found that a county commission that oversees issues involving homeowner associations generally works well, but could