The redevelopment of the historic Jung Hotel and Residences in downtown New Orleans flooded four times before renovations were complete. The two insurers that issued a builder’s risk policy for the project thought they had limited their risk, but a …
The Washington Court of Appeals revived a lawsuit that seeks more than $85 million in damages to a tunnel boring machine that broke down while drilling for a downtown Seattle freeway project. The three-member appellate panel reversed a portion of …
An insurance policy purchased by Axia Contracting from Praetorian Insurance Co. required a six-foot chain link fence to completely surround the job site. That is a standard term for all policies underwritten by QBE North America, according to its lawyers. …