Is Seller's Failure to Disclose Known Defects to Buyers a Covered 'Occurrence'?

Should homeowners insurance coverage be available for claims involving intentional concealment of known damage to a home? Doesn't this constitute fraud? If so, are these actions considered 'accidental' under the policy? Not all courts agree on the answers.

photo-1 RICHARD T. VALENTINO, ESQ. As a partner in the law firm of O'Hagan, Smith & Amundsen in Chicago, Mr. Valentino concentrates his practice in the areas of insurance coverage and liability defense litigation. He has represented primary and excess insurers in a broad spectrum of coverage matters involving auto, environmental, general liability, health, homeowners, professional liability, property …