J.S.U.B., Inc. v. U.S. Fire Insurance Company – What Does it Mean to You?
March 31, 2008
The Supreme Court of Florida recently issued its long awaited opinion in U.S. Fire Insurance vs. J.S.U.B., Inc. The Supreme Court held that a post-1986 standard form Commercial General Liability (“CGL”) policy, with products-completed operations coverage that is issued to a contractor, provides coverage where a claim is made against the contractor for damage to the completed project caused by a subcontractor’s defective work. While heralded by the commercial construction industry, this opinion may cause insurers to change the terms and conditions of future CGL policies to limit coverage.
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