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Steel Parts Makers Say Zurich Can t Recoup $90M Settlement
Law360 (March 10, 2021, 9:19 PM EST) Zurich American Insurance Co. and its subsidiaries can t force the makers of steel connectors to help pay for a $90 million settlement over a Hawaiian builder s alleged poorly designed homes, the manufacturers have told a California federal court.
Simpson Manufacturing Co. Inc. and Simpson Strong-Tie Co. Inc. filed suit on Tuesday, alleging that the Zurich companies can t compel the manufacturers to cover the insurers loss in settling a homeowners class action against Gentry Homes Ltd. California law bars such an action, Simpson said.
According to the manufacturers complaint, the Zurich companies which insure Gentry and Simpson are behind a recent.
Gentry to buy 30 acres from Hunt Cos for 400 homes at former Barbers Point Naval Air Station on bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
400 homes planned in West Oahu under Kalaeloa master development Rendering of what the new homes could look like (Source: Gentry) By HNN Staff | March 3, 2021 at 8:48 PM HST - Updated March 3 at 8:52 PM
HONOLULU, Hawaii (HawaiiNewsNow) - A developer has been selected to build hundreds of homes in West Oahu.
Gentry Homes, Ltd. was selected by Hunt Companies to build 400 homes on Franklin D. Roosevelt Avenue, right behind the Kapolei Costco. The new community is a part of a master planned development in Kalaeloa.
The new residential community will feature 250 multi-family attached units, and 130 single-family detached homes.
The homes won’t be easing Oahu’s severe housing shortage immediately as work on the site isn’t slated to begin until next year, with completion of the first homes planned in 2023. It’s the severe lack of supply that has driven Oahu’s home prices higher than ever before during the pandemic.