Va. Judge Dismisses Contractor’s Counterclaim, Awards Judgment To Excess Insurer

( December 19, 2024, 9:33 AM EST) -- FAIRFAX, Va. — Finding that a second-layer excess insurer did not breach its contract with its construction manager insured when it failed to indemnify the insured for its $24 million contribution to settle construction defects alleged by its client, a Virginia judge dismissed the insured’s counterclaim and entered judgment in favor of the insurer....

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