A lockbox exception to a property damage exclusion in an errors and omissions (E&O) insurance policy held by a real estate agent did not enable coverage for property damage caused by a burst water pipe. Summary judgment affirmed.
July 07, 2016 at 12:00 AM
1 minute read
E&O Policy • Obligation to Defend and Indemnify • Property Damage Exclusion • Lockbox Exception
Bograd v. Greenwich Ins. Co., PICS Case No. 16-0827 (Pa. Super. June 20, 2016) (memorandum) Stabile, J. (11 pages).
A lockbox exception to a property damage exclusion in an errors and omissions (E&O) insurance policy held by a real estate agent did not enable coverage for property damage caused by a burst water pipe. Summary judgment affirmed.
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