Magistrate: Wrap-Up Exclusion Bars Insurance Coverage For Alleged Property Damage

Magistrate: Wrap-Up Exclusion Bars Insurance Coverage For Alleged Property Damage

PORTLAND, Ore. - Alleged property damage in condominium units falls within both the wrap-up exclusion in the 2006-07 and 2007-08 commercial general liability insurance policies and the specific operations exclusion in the 2005-06, 2006-07 and 2007-08 policies, an Oregon federal judge found Dec. 5 (First Mercury Insurance Co. v. Waterside Condominium Association, et al., No. 12-02348, D. Ore.; 2013 U.S. Dist. LEXIS 171542).

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