New Hampshire property damage and occurrence

January 11, 2011
CDCoverage.com

In Concord Gen. Mut. Ins. Co. v. Green & Co. Building & Development Corp. , No. 2009-699 (N.H. Sept. 17, 2010), insured Green was the developer and general contractor for a residential development. Green subcontracted with Birch for construction of the chimneys. After completion and sale of the homes, several owners sued Green seeks damages for the repair of defective chimneys resulting in carbon monoxide leaking into the homes. Green s CGL insurer, Concord, defended the suits under a reservation of rights and filed a declaratory judgment action. Green resolved the underlying suits by either repairing the defective chimneys or reimbursing those homeowners who had repaired their chimney. Read the full story...



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