CGL policies News

District Court Finds Policy Required Matching Color for Replacement Panels That Were Damaged

Jurisdictions are split on the question of whether commercial general liability policies require matching of damaged physical property beyond the repair of the damaged property. Compare, e.g., Cedar Bluff Townhome Condo. Ass’n, Inc. v. American Family Mut. Ins. Co., 2013 …

Legislation Regulating Coverage for Faulty Workmanship Cannot be Applied Retroactively

On January 26, 2011 the general assembly of the South Carolina legislature amended S.C. CODE ANN. § 38-61-70 to require all commercial general liability insurance policies to provide coverage for “property damage or bodily injury resulting from faulty workmanship, exclusive …