FIC: Condo Property Insurance Subrogation Bill Starts Moving In Senate

Property and Casualty

By:  Katrina Callaway, FIC General Counsel SB 1154 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.  …