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$3M Ohio Mold Decision Kindles Coverage Questions

National News • May 19, 2008
Insurance professionals took note recently when a Franklin County, Ohio judge awarded $3 million plus legal costs to a family whose central-Ohio home became overrun with toxic mold, presumably ...

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Subject: RE: mold in Construction policy

Posted On: May 29, 2008, 1:03 pm CDT
Posted By: James
Comment:
You can buy a stand alone environmental policy to include mold coverage (typically claims made). Provided you keep the pollution policy in force, the policy will be able to provide coverage for work going back to the date coverage was first bound, so the construction defect term of 3 to 9 years would not be an issue.

Additionally, you can always buy a project specific pollution policy with a term of up to 10 years (construction term plus extended reporting period). This will definitely get you past the construction defect statute of repose in most jurisdictions.
Subject Posted By Posted On
RE: mold in Construction policy James
May 29, 2008, 1:03 pm
mold in Construction policy Chaim
May 20, 2008, 8:26 am
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