Insurer, Contractor Spar In 4th Circuit Over Coverage For Damage Reimbursement

(August 8, 2016, 7:48 AM EDT) -- RICHMOND, Va. — Whether a general contractor was in privity of contracts of a joint venture such that an insurer was obligated to pay the contractor $1.7 million in unreimbursed costs to repair defects in a student housing project will be decided by the Fourth Circuit U.S. Court of Appeals; the insurer has asked the court to overturn a federal court’s grant of summary judgment to the contractor on its breach of contract claims (Westchester Surplus Lines Insurance Company v. Clancy & Theys Construction Company, No....
To view the full article, register now.