5th Circuit: Insured Cannot Show Allocation Of Settlement Proceeds Between Damages

Mealey's (August 6, 2018, 9:33 AM EDT) -- NEW ORLEANS — An insured failed to meet its burden to show allocation of settlement proceeds between covered and noncovered damages from a courthouse construction project, the Fifth Circuit U.S. Court of Appeals held Aug. 2 (Satterfield and Pontikes Construction Inc., et al. v. United States Fire Insurance Co., No. 17-20513, 5th Cir., 2018 U.S. App. LEXIS 21488)....