Insurers Want National Fire To Cover Home Defect Suits

Law360, New York (March 28, 2011, 1:57 PM EDT) -- A group of insurers on Friday asked a court to force National Fire & Marine Insurance Co. to defend policyholders in more than two dozen suits involving home construction defects, arguing that National Fire’s rationale for denying coverage failed.

In a motion for partial summary judgment, Assurance Co. of America and several other insurers asked the U.S. District Court for the District of Nevada for an order compelling National Fire to cover contractors in 27 suits alleging faulty construction in a range of properties in Nevada...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.