Insurer’s Coverage Suit, Contractor’s Third-Party Claims Dismissed After Settlement

Mealey's (August 10, 2023, 5:41 PM EDT) -- DENVER — A federal judge in Colorado has terminated an excess insurer’s contribution suit against a general contractor and others stemming from the settlement of an underlying arbitration arising from the alleged negligent design and construction of a residential and commercial building and the contractor’s third-party claims against its subcontractors after the parties notified the court that they had reached a global settlement....