Policy Does Not Cover ‘Soft Costs’ For Additional Insureds, Federal Judge Says

Mealey's (January 13, 2021, 10:10 AM EST) -- DENVER — The owners of a building whose construction was delayed by water damage were not entitled to coverage for “soft costs” as additional named insureds under a policy issued to the general contractor, a Colorado federal judge held Dec. 31, granting partial summary judgment to the insurer....