Judge Dismisses Insurers’ Coverage Suit Over $5.6M Construction Defects Judgment

(July 14, 2023, 9:58 AM EDT) -- FORT PIERCE, Fla. —  A federal judge in Florida has dismissed without prejudice insurers’ declaratory judgment lawsuit disputing coverage for a $5.6 million judgment entered against its insured in an underlying construction defects action, finding a magistrate judge’s conclusion that the factors in Ameritas Variable Life Ins. Co. v. Roach “weigh heavily against entertaining the Federal Declaratory Action” to be “well reasoned and correct.”...