Construction Co. Wants Insurers On Hook For $11.5M Suit

Law360, New York (October 13, 2011, 4:13 PM EDT) -- A Utah construction company on Tuesday launched a lawsuit in Colorado federal court against several of its insurers, claiming they are responsible for costs the company incurred defending itself against an $11.5 million third-party action over property damage to a condominium association.

Okland Construction Co. Inc. alleges that the Phoenix Insurance Co., Travelers Indemnity Co. of America, St. Paul Fire and Marine Insurance Co., St. Paul Surplus Lines Insurance Co., Travelers Property Casualty Co. of America, Everest National Insurance Co., and American International Surplus Lines Agency...
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