Parties Submit Arguments To 7th Circuit Over Coverage For Defects

Mealey's (October 25, 2016, 5:00 PM EDT) -- CHICAGO — Insurers and a condominium association recently submitted arguments in the Seventh Circuit U.S. Court of Appeals, disputing whether a settlement was covered as an occurrence under various insurance policies (Allied Property, et al. v. Metro North Condo, 16-1868, 7th Cir.).  


On May 4, 2015, Allied Property Casualty Insurance Co. and AMCO Insurance Co. (collectively, the insurers) sued Metro North Condo in the U.S. District Court for the Northern District of Illinois.  The insurers sought a declaration that claims that Metro asserted against CSC...
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