A big decision in favor of policyholders came out in Iowa this month. If you have a commercial general liability policy that is subject to Iowa law, damages resulting from defective construction are now covered as “occurrences” under your policy. The Iowa Supreme Court’s decision, National Surety Corporation v. Westlake Investments, LLC, greatly improves the risk-management landscape for policyholders.
For more details, please click to read our new Case Alert.
Jun 28, 2016