New Jersey Panel: Insurers’ Policies Excluded Coverage For Exterior Material

Mealey's (August 6, 2021, 4:04 PM EDT) -- JERSEY CITY, N.J. — Two of a developer’s three insurers had no duty to defend or indemnify it in a lawsuit alleging construction defects, including water intrusion via the exterior walls, because several policy exclusions apply due to the material used and the continuous nature of the intrusion, a New Jersey appellate panel ruled July 13....