Jury Awards Developer More Than $2.5M In Damages In Concrete Slab Coverage Suit

Mealey's (April 5, 2023, 12:46 PM EDT) -- DENVER — A federal jury in Colorado on April 4 found that a real estate developer proved by a preponderance of the evidence that its insurer breached the terms of a builders risk policy in denying coverage for a cracked concrete slab at a condominium project and awarded the developer $2,541,218 based on three categories of asserted damages....

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