Jennifer Van Voorhies | Property Casualty Insurance Law Blog | April 12, 2018 One of the most common questions we hear from our clients has to do with the differences between “actual cash value” and “replacement cost value.” Replacement cost value on its face seems relatively straight forward, but what is “Actual Cash Value” determined… Continue reading The Proper Standard for Evaluating “Actual Cash Value” Under New Jersey Law
Tag: New Jersey
New Jersey Court Adopts Continuous Trigger for Construction Defect Claims
Tred Eyerly | Insurance Law Hawaii | November 15, 2017 The New Jersey Superior Court, Appellate Division, adopted the continuous trigger for establishing which insurers were on the risk for construction defect claims. Air Master & Cooling, Inc. v. Selective Ins. Co. of Am., 2017 N.J. Super. LEXIS 144 (N.J. Super. Ct., App. Div. Oct. 10,… Continue reading New Jersey Court Adopts Continuous Trigger for Construction Defect Claims
NJ Courts Continue Expansion of Insurance Coverage for Construction Defects: “Continuous Trigger” Doctrine Applied
Adam J. Sklar | Property Insurance Coverage Law Blog | October 25, 2017 New Jersey courts are continuing their trend of extending insurance coverage for third-party construction defect claims. Following last year’s NJ Supreme Court decision in Cypress Point Condo. Ass’n, Inc. v. Adria Towers, LLC, 226 N.J. 403 (2016), which broadly interpreted the standard CGL… Continue reading NJ Courts Continue Expansion of Insurance Coverage for Construction Defects: “Continuous Trigger” Doctrine Applied
New Jersey’s Manifestation Destiny: Appellate Division Applies Continuous Trigger to Claims for Progressive Third-Party Property Damage and Highlights Fact-Sensitive Nature of Manifestation Date
Frederick J. Giordano | K&L Gates | November 3, 2017 The New Jersey Appellate Division (the “Appellate Division”) recently issued a ruling in Air Master & Cooling Inc., v. Selective Insurance Co. of America (“Air Master”) [1] applying the “continuous trigger” theory to third-party construction defect liability claims in which property damage progressively advances. The court also… Continue reading New Jersey’s Manifestation Destiny: Appellate Division Applies Continuous Trigger to Claims for Progressive Third-Party Property Damage and Highlights Fact-Sensitive Nature of Manifestation Date
New Jersey Court: Continuous Trigger Ends When Nature of Damage Is Known
Melissa Brill and Laura B. Dowgin | Cozen O’Connor | October 20, 2017 Last week, the New Jersey Appellate Division issued a decision that may have a significant impact on insurance coverage for progressive property damage claims in the state. In Air Master & Cooling, Inc. v. Selective Ins. Co. of Am., No. A-5415-15T3, 2017 WL 4507547 (N.J.… Continue reading New Jersey Court: Continuous Trigger Ends When Nature of Damage Is Known