Trinity, Other Insurers Settle DR Horton Coverage Suit

Law360, New York (September 23, 2009, 3:06 PM EDT) -- Trinity Universal Insurance Co. of Kansas Inc. has agreed to settle with some two dozen insurers — including American International Group Inc. unit American International Specialty Lines Insurance Co. and Liberty Mutual Insurance Co. — over defense costs incurred by Trinity in an underlying suit accusing contractor D.R. Horton Inc. of botching a construction project.

The defendants in the insurance case, lodged in March 2007 in the U.S. District Court for the District of Colorado, also include State Farm Fire & Casualty Co., Travelers Indemnity Insurance...
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