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Colo. Justices Rebuff Insurer s $2.5M Defect Award Challenge
Law360 (May 25, 2021, 4:41 PM EDT) A split Colorado Supreme Court decided Monday not to disturb a lower court s ruling that Auto-Owners Insurance Co. can t intervene in a construction defect case to challenge a homeowners association s uncontested $2.5 million judgment against a glass company.
In a 4-3 ruling, the majority said Auto-Owners wasn t hurt by Sierra Glass Co. s pretrial agreement with Bolt Factory Lofts Owners Association Inc. in the construction defect suit. The insurer can still protect its interests in a separate coverage suit, Justice Monica M. Márquez wrote in the opinion for the majority.