General Liability Subsidence Exclusion is Major Concern
CGL Subsidence Exclusion,Insurance Disputes
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The construction defect fiasco in California led to the creation, by the specialty insurers, of the subsidence exclusion for attachment to the commercial general liability policies of homebuilders. Originally the exclusion applied only to completed operations property damage and was limited to subsidence generally caused by foundation failures. It has evolved into the contractor’s worst [...]
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