If I Only Had a Hammer: NJ Supreme Court Rules on Key Construction Defect Coverage Issue
Constructive defect litigation has bedeviled the insurance industry for years, particularly in New Jersey, California, and Florida. These claims are complex and generate years of expensive litigation. While many insurers have abandoned the construction/contractor’s market or excluded these risks with “Tract Homes” or Condominium exclusions, others find themselves mired in disputes over the scope of […]