Latest Breaking News On - Gerdau ameristeel us inc - Page 1 : comparemela.com

ADVERTISEMENT Zurich, Gerdau End Fight Over Bridge Collapse Defense Costs Law360 (July 30, 2021, 7:13 PM EDT) Just days before trial was set to begin over litigation costs related to the 2018 Miami pedestrian bridge collapse, Zurich American Insurance Co. and Gerdau Ameristeel US Inc. have agreed to end their coverage dispute, according to a filing in Florida federal court. The parties told the court they reached an agreement for all claims and defenses in the lawsuit Gerdau brought against Zurich last year over more than $2.7 million the steelmaker alleged it was owed for defending and settling multiple victim claims. Details of the settlement agreement are confidential, counsel for Gerdau told Law360 on Friday.

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