Ace Settles With Mets Ballpark Over Injury Suit Coverage

Law360, New York (July 22, 2011, 5:58 PM EDT) -- An Ace Ltd. subsidiary agreed Thursday to settle its suit against the developer of the New York Mets' Citi Field alleging the insurer has no duty to defend or indemnify a construction worker's bodily injury suit until the developer pays a self-insured retention.

Illinois Union Insurance Co. and defendant Queens Ballpark LLC have a settlement pending in the suit, defense counsel Michele L. Jacobson of Stroock & Stroock & Lavan LLP said Friday. At the request of the parties, U.S. District Judge Laura Taylor Swain approved...
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