Judge: Prejudgment Interest Supported, No Self-Insured Retention In Defect Suit

Mealey's (January 5, 2022, 5:54 PM EST) -- SAN DIEGO — A California federal judge on Dec. 17 found that self-insured retentions (SIRs) do not apply to a general contractor’s recovery and that under Georgia law, prejudgment interest accrued from the due date of invoices, granting partial summary judgment to the general contractor in an insurance coverage action related to alleged defective home construction in underlying state court cases....