Third Circuit Court Rules in Favor of Insurer Seeking Declaratory Relief under the Terms of Project and Premises Limitation Endorsement.

In this Declaratory Judgment Action, interpreting the language of the Project and Premises Limitation Endorsement included in the Policy at issue, the Third Circuit Court of Appeals reversed the Trial Court’s finding of defense and indemnity obligations to the Named Insureds. The Circuit Court specifically found the Project and Premises Limitation Endorsement did not allow for coverage of the Named Insured as a result of an incident that did not occur at or near, or even involve the Insured premises listed in the Policy.