Federal Magistrate Dismisses Construction Insurance Dispute After Homeowners Settle

Mealey's (May 23, 2024, 12:46 PM EDT) -- ROCHESTER, N.Y. — A federal magistrate judge in New York dismissed with prejudice an insurance coverage dispute stemming from allegations that former homeowners failed to disclose structural and environmental issues in connection with a home they sold after the former homeowners, new owners and insurers agreed to a settlement, nearly a year after the parties stipulated to dismissing an appeal to the Second Circuit U.S. Court of Appeals of the magistrate judge’s grant of summary judgment to the insurers....