An exclusion for faulty construction in a Country Casualty Insurance policy used incorrect language and can't be used to escape coverage of $3.5 million in hidden water damage claims, a condo homeowners association told a Washington federal court.
A construction subcontractor sued Zurich American Insurance Co. on Friday, arguing that the insurer owes it coverage for an underlying claim seeking $2.3 million in damages related to its work on the foundation of an Iowa Amazon distribution warehouse.
James River Insurance Co. asked a Texas federal court Thursday to declare that it has no duty to defend a contractor from an underlying negligence lawsuit, arguing that the claims against the company are either not covered or specifically excluded.
Liberty Mutual doesn't owe ceramics manufacturer Ceradyne Inc. any coverage for shareholder lawsuits resulting from its acquisition by 3M, a California federal judge ruled Monday, finding the company didn't suffer a covered loss under its policy.
USA Gymnastics agreed to dismiss its bankruptcy insurance case against a Liberty Mutual unit Friday, ending years of litigation following a $380 million settlement with victims of former team doctor and convicted sexual abuser Larry Nassar.