CORRECTED: SC High Court Rules For Insurer In $7.2M Appeal

Law360, New York (January 11, 2011, 2:53 PM EST) -- The South Carolina Supreme Court has ruled that Harleysville Mutual Insurance Co. does not have to cover its portion of a $16.8 million settlement reached by a group of housing developers in connection with shoddy construction work.

(Corrects an article published on Jan. 10.)

Reversing a lower court's opinion, the state's high court decided Monday that Harleysville is not liable to cover the $7.2 million of a developers' settlement for damages under their commercial general liability policy.

The argument over liability stems from a 2001 lawsuit...
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