Partial Judgment Granted To Guaranty Association In Construction Bond Dispute

Mealey's (September 23, 2022, 2:18 PM EDT) -- PHILADELPHIA — A Pennsylvania federal judge granted in part Kentucky Insurance Guaranty Association’s partial summary judgment motion in a dispute over the association’s payments on surety bonds for the defendants’ construction projects, finding that the association is entitled to reimbursement pursuant to the parties’ indemnity agreement except for the amount already paid to the association in the liquidation proceeding for the original bond issuer....