10th Circuit Reverses Ruling In Coverage Dispute Over Damaged Cooling Tower

Mealey's (January 28, 2019, 2:13 PM EST) -- DENVER — The 10th Circuit U.S. Court of Appeals on Jan. 25 reversed a lower federal court’s ruling in a case brought by a building company that seeks reimbursement from its insurer for a $350,000 settlement it paid to an electric utility company that sued the builder for damage to a cooling tower at the plant, finding that ambiguous language in the policy exclusions warrants reversal and remand for a ruling in favor of the insured (MTI, Inc. v. Employers Insurance Company of Wausau, No. 17-6206, 10th Cir., 2019 U.S. App. LEXIS 2543)....