Cypress Point Condominium Association, Inc. v. Adria Towers, LLC (A-13/14-15; 076348)
The consequential damages caused by the subcontractors’ faulty workmanship constitute “property damage,” and the event resulting in that damage – water from rain flowing into the interior of the property due to the subcontractors’ faulty workmanship – is an “occurrence” under the plain language of the CGL policies at issue here.
