Builder, Insurer Settle Bad Faith, Breach Of Contract Suit Over Cracked Foundations

Mealey's (August 30, 2021, 1:07 PM EDT) -- PITTSBURGH — As part of a global settlement of underlying liability relating to improper excavation and grading of soil, a builder and insurer have settled their coverage action, contingent on the homeowners in the underlying liability actions obtaining permits to repair their properties, the builder and insurer tell a federal court in Pennsylvania in an Aug. 27 joint status report....