Litigation
Nov. 15, 2006
Carriers Must Pay for Losses During Rehab
Property insurers took a blow from the state Supreme Court Monday after the court held that insurance companies cannot get out of their duty to pay for losses during renovation projects simply because the projects are not part of new construction.
Daily Journal Staff Writer
Property insurers took a blow from the state Supreme Court Monday after the court held that insurance companies cannot get out of their duty to pay for losses during renovation projects simply because the projects are not part of new construction.
In a case of first impression, the high court held that common clauses in insurance pol...
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