Contribution Suit Against Guaranty Association Dismissed After Stipulation Filed

Mealey's (May 23, 2024, 8:32 AM EDT) -- JACKSONVILLE, Fla. — After parties filed a joint stipulation of dismissal in a Florida federal court, a judge dismissed with prejudice a New Mexico commercial general liability insurer’s suit seeking defense costs and indemnity for an underlying construction defects action from the Florida Insurance Guaranty Association (FIGA), as successor in interest to a now-insolvent Florida commercial liability insurer....