Allstate, West American Spar Over $7M Settlement

Law360, New York (February 7, 2011, 1:48 PM EST) -- Allstate Insurance Co. is seeking to force West American Insurance Co. to contribute to a $7.4 million settlement of a construction defect suit, while West American claims that an endorsement in its policy precludes coverage.

West American filed a motion for summary judgment Friday in the U.S. District Court for the District of Colorado, claiming that a “real estate property managed” endorsement in its policy, which bars coverage for damage to property managed by the insured, lets it off the hook for the settlement of a...
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