4th Circuit: Reservation Of Rights Letters In Defects Coverage Suit Inadequate

Mealey's (December 14, 2022, 1:45 PM EST) -- RICHMOND, Va. — A federal district court did not err in ruling that insurers were on the hook for millions of dollars in damages as a result of construction defects caused by their insureds in a townhome construction project because the insurers’ reservation of rights letters were inadequate and “do not provide a basis for denial of coverage,” a Fourth Circuit U.S. Court of Appeals panel held Dec. 13....

Attached Documents

Related Sections