Section 15.4 Occurrence in Cases Involving Latent Damages

• Library: Insurance Practice 2015

The standard CGL policy provides that the insurance applies only if the injury or damage is caused by an “occurrence” during the policy period. CGL policies generally define an occurrence as “an accident, including continuous or repeated exposure to substantially the same general harmful conditions.” Copyright, Insurance Services Office, Inc., 2000. An exclusion precludes coverage for...