A Square Peg in a Round Hole: Court Rules Decay is Not the Same as Defect

In Bardis v. Stinson, 2016 WL 1650509 (N.J. April 27, 2016), the New Jersey Supreme Court addressed the issue of whether the collapse of the insureds’ basement wall was covered under their homeowner’s insurance policy.   Adopting the reasoning of the dissenting judge in the court below, the Court held that there was no coverage.  The… Continue reading A Square Peg in a Round Hole: Court Rules Decay is Not the Same as Defect