We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Consequential Damages Are ‘Property Damage’ Under Insurance Policies, Panel Says

Mealey's (July 15, 2015, 11:23 AM EDT) -- TRENTON, N.J. — The unintended and unexpected consequential damages caused by subcontractors' defective work constitute "property damage" and an "occurrence" under commercial general liability insurance policies, a New Jersey appeals panel ruled July 9 (Cypress Point Condominium Association Inc. v. Adria Towers LLC, et al., No. A-2767-13T1, N.J. Super. App. Div.; 2015 N.J. Super. LEXIS 114).

(Opinion available. Document #69-150810-002Z.)

Cypress Point Condominium Association Inc. sued Adria Towers L.L.C. which served as the general contractor on a condominium project. The association also sued various subcontractors, alleging...
To view the full article, register now.