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 Damage Is An ‘Occurrence’ Under Insurance Policy, Panel Says

Mealey's (July 22, 2015, 10:12 AM EDT) -- TRENTON, N.J. — Unintended and unexpected consequential damages caused by faulty work of subcontractors constitute "property damage" and an "occurrence" under commercial general liability insurance policies, a New Jersey appeals panel ruled July 21 (Belmont Condominium Association Inc. v. Arrowpoint Capital Corp., et al., No. A-4187-12T4, N.J. Super., App. Div.; 2015 N.J. Super. Unpub. LEXIS 1749).

(Unpublished opinion available. Document #69-150810-014Z.)

Belmont Condominium Association Inc. sued Monroe Station Associates LLC, alleging damages from water infiltration to its condominiums following construction. Monroe assigned to the association its...
To view the full article, register now.