FIC: Condo Property Insurance Subrogation Bill Clears Last House Committee

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.  …