Mealey's (July 28, 2015, 9:59 AM EDT) -- ORLANDO, Fla. — The “owned property” exclusion precludes an insurer’s duty to defend and indemnify an underlying settlement reached regarding construction defect claims in a condominium complex, a Florida federal judge ruled July 23 (Nationwide Mutual Fire Insurance Co. v. Cypress Fairway Condominium Association Inc., et al., No. 13-1565, M.D. Fla.; 2015 U.S. Dist. LEXIS 96196)....