Lexington Calls $35M Piping Coverage Suit Untimely

Law360, New York (October 25, 2012, 1:41 PM EDT) -- Lexington Insurance Co. urged a California federal judge on Wednesday to dismiss a pipe company's $35 million suit seeking coverage for damage to a University of California construction project caused by faulty piping, saying the complaint was filed after the policy's statute of limitations expired.

Ranger Pipelines Inc. filed suit against Lexington last month, claiming Lexington owed it coverage as an additional insured under a property insurance policy issued to regents of the university. Because the property damage occurred in February 2009, however, the insurance company...
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