Nautilus Ins. Co. v. Bd. of Directors of Regal Lofts Condominium Ass’n

Dist. Ct. did not err in granting plaintiff-insurance company’s motion for summary judgment in action seeking declaration that it was not required to defend or indemnify insured-developer in underlying complaint seeking damages against developer arising out of water damage to condominium and to resident’s personal property that stemmed from poor workmanship by developer. Under terms of policies, developer’s poor workmanship with respect to construction project/condominium was not “occurrence” or “accident” so as to provide coverage for damage to condominium itself. Moreover, while damages to residents’ personal property was potentially covered under policies, policies’ products-completed operations’ hazard exclusion applied so as to preclude coverage, where developer had completed construction work on condominium by time residents had moved in and subsequently incurred water damage to personal property.