No Indemnification Owed For Defective Silo Construction, Federal Judge Rules

(July 6, 2023, 6:30 PM EDT) -- LAREDO, Texas — A federal judge in Texas concluded that an insurer has no duty to indemnify its insured for a lawsuit alleging a defective silo construction, finding that the underlying plaintiff did not incur any “property” damage to trigger coverage and the policy exclusions bar coverage even if the underlying damages were deemed “loss of use” property damage....

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