Insurer Owes Only $2M For Highway Cases, Suit Says

Law360, New York (February 25, 2011, 5:50 PM EST) -- Twin City Fire Insurance Co. asked a Texas federal court Friday to declare that an excess insurance policy kicks in after it spends $2 million to settle lawsuits alleging its insured's faulty highway construction caused car accidents.

Twin City lodged a complaint against Illinois National Insurance Co. in the U.S. District Court for the Western District of Texas requesting that the court declare it is liable for only $2 million for all of the lawsuits over Capital Excavation Co.'s work on the highway project.

Capital Excavation...
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