Cincinnati Exits Coverage Suit Over Shoddy Homes

Law360, New York (November 22, 2011, 9:43 PM EST) -- Cincinnati Insurance Co. on Tuesday settled out of a suit filed in Indiana federal court by homebuilders Trinity Homes LLC and Beazer Homes Investment Corp. Inc. seeking coverage for suits they faced over defectively built homes.

Terms of the settlement were not disclosed, and Trinity and Beazer will continue to press their case against Cincinnati's co-defendant, Ohio Casualty Insurance Co., according to a stipulation in Indiana federal court.

The litigation stems from thousands of contracts Beazer and Trinity entered into with homebuyers that provided they would...
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