Article Date: 02/02/2004

REMEDIATION EXPENSE FOR DEFECTIVE DESIGN NOT COVERED UNDER BUILDER'S RISK

Supreme Court of Virginia

National Housing Building Corporation v. Acordia of Virginia Ins. Agency, Inc.

No. 030269
January 16, 2004

Background
National Housing Building Corporation (NHBC) was hired as a general contractor to build the Madison Ridge apartment complex in Harrisonburg, Virginia. National Housing Corporation, the parent company of NHBC, negotiated with Acordia Insurance to provide builder’s risk insurance ... Log in to view the full text.

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