NEW JERSEY SUPREME COURT DECISION INTERPRETS ISO POLICY

By: Danyelle H. Golland, Esq.

Cypress Point Condominium Association, Inc. v. Adria Towers, LLC., et. Al

On August 4, 2016, the New Jersey Supreme Court issued a decision finding that a general contractor was entitled to coverage for the faulty workmanship of a subcontractor.  In issuing its decision, the court interpreted the 1986 Insurance Services Office, Inc.  (ISO) policy.  In interpreting the policy, the court found that a subcontractor’s faulty workmanship and resulting damages constituted an “occurrence” triggering coverage.

Read full opinion...