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Insurer Needn't Cover $8M Courthouse Defect Award: 5th Circ.

By Jeff Sistrunk (August 3, 2018, 8:15 PM EDT) -- The Fifth Circuit on Thursday affirmed that excess insurer U.S. Fire Insurance Co. doesn't have to have to cover any of an $8 million award against Satterfield & Pontikes Construction Co. over faulty work at a courthouse, finding that S&P's claim fails because subcontractors appear to have already paid all the portions of the award covered by U.S. Fire's policy. ...

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