Anastas Shkurti | Robbins DiMonte Ltd An owner who embarks on a construction project should always request additional insured status on the general contractor’s and subcontractors’ commercial general liability (CGL) policies. It is not enough for the owner to verify that the contractor is licensed and has insurance. As an additional insured (or AI), the… Continue reading Owners as Additional Insured in Construction Contracts
Tag: Commercial General Liability Policy
Proposed Bill Would Require All Commercial Liability Insurance Policies Issued In New Jersey To Specify Coverage For “Faulty Workmanship”
John S. Prisco | Stark & Stark Assemblyman Gary S. Schaer of New Jersey’s 36th District introduced a proposed bill, A.B. 1075, that would require all commercial liability insurance policies issued in New Jersey to include “faulty workmanship” within the definition of “occurrence.” The proposed bill “provides that a commercial liability insurance policy shall not be… Continue reading Proposed Bill Would Require All Commercial Liability Insurance Policies Issued In New Jersey To Specify Coverage For “Faulty Workmanship”
Nevada Supreme Court Rules Insured Must Prove Coverage Owed in Construction Defect Litigation
Jim Sams | Claims Journal At least 14 construction defect lawsuits have been filed against developers and subcontractors that built thousands of Nevada homes. Two insurers issued commercial liability policies to cover such claims, but they didn’t agree on whether a prior-damage clause in one of the policies excluded coverage. Two U.S. District Court judges… Continue reading Nevada Supreme Court Rules Insured Must Prove Coverage Owed in Construction Defect Litigation
Construction Defect Damages May Exceed Cost To Repair
Peter Selvin | Ervin Cohen & Jessup Construction defect cases often involve damage claims beyond simply the cost to repair the allegedly defective unit or component. These consequential damages may include damages for loss of use, expenses for mitigation and even attorney fees. For this reason, builders, suppliers, contractors and subcontractors who are faced with… Continue reading Construction Defect Damages May Exceed Cost To Repair
Rather Than Limit Decision to “That Particular Part” of Developer’s Policy Necessary to Bar Coverage, 10th Circuit Renders Questionable Decision on Exclusion j(6)
William S. Bennett | SDV Insights The 10th Circuit Court of Appeals, applying Colorado law, recently extended Colorado’s broad application of the phrase “arising out of” in insurance interpretation, barring an insured real estate developer from receiving a defense to a suit alleging liability for construction of a defective retaining wall and associated resulting damage.1 … Continue reading Rather Than Limit Decision to “That Particular Part” of Developer’s Policy Necessary to Bar Coverage, 10th Circuit Renders Questionable Decision on Exclusion j(6)