Insurer’s Contribution Suit Toward Contractor’s Settlement Time-Barred

Mealey's (March 3, 2021, 1:19 PM EST) -- SAN FRANCISCO — A federal judge in California on Feb. 25 ruled that an insurer’s suit seeking contribution from another insurance company toward the defense and settlement of a suit brought against a concrete contractor that both companies issued policies to was untimely because it was brought more than two years after the contractor was dismissed from an underlying lawsuit and because the selective tender rule was inapplicable....