FIC: Condo Property Insurance Subrogation Bill Moves To Last Committee In House
By: Katrina Callaway, FIC General Counsel HB 623, is a comprehensive condo association bill that contains one insurance provision. That provision prohibits a condo unit owner’s property policy from allowing the unit owner to subrogate against the condo association if the association’s policy does not allow the association to subrogate against the unit owner. The…