California may require reporting of $1 million construction defect settlements in wake of 2015 Berkeley balcony collapse
In 2015, a collapse of a fourth-floor balcony at a Berkeley apartment complex killed six people and seriously injured seven others. It was later revealed that—unknown to the California Contractors State Licensing Board (CSLB)— the company that constructed the apartment complex, Segue Construction, had paid $26.5 million in construction defect lawsuit settlements in the three preceding years. The settlements only came to light following probes by investigative reporters for the news media, according to the California News Publishers Association.
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