NJ Appellate Court Rules That Consequential Damages Caused By Subcontractors’ Poor Workmanship May Be Covered By Developers’ Liability Insurance

In a recent case, Cypress Point Condominium Association, Inc. v. Adria Towers, LLC, a New Jersey appellate court has provided potential additional sources of recovery for community associations involved in construction defect litigation against developers, as well as potential greater financial protection for such developers. In an opinion approved for publication on July 9, 2015, the Appellate Division held that the Insurance Service Office (ISO) 1986 standard commercial general liability insurance policy does not bar coverage to developers in association construction defects cases alleging consequential damages based upon poor workmanship by subcontractors.      Read the article…………


Related Articles

Bill would prevent HOAs from barring Nevada flag

Lawmakers are considering a bill that would prevent homeowners associations from barring the Nevada state flag.  Republican Assemblyman Lynn Stewart

Judge refuses to drop lawsuit against Aventura condo tower developer (FL)

A judge has refused to throw out a lawsuit filed by Aventura residents against a developer who wants to build

HOA boards are wild card in litigation game, author says

Forgive Evan McKenzie for feeling a sense of deja vu. He has seen homeowners association scandals such as the one