Insurers End Feud Over Faulty Building Suit Coverage

Law360, Chicago (February 17, 2012, 3:53 PM EST) -- Arrowood Indemnity Co. settled its suit against American Guarantee & Liability Insurance Co. in Washington federal court Wednesday, dropping its claims that the defendant owed settlement costs for a building defect suit against a construction company they both insured.

U.S. District Judge Robert S. Lasnik dismissed the suit, saying that the case had been settled, but the deal's terms were not mentioned in that document or the stipulation that the parties also lodged Wednesday. An attorney for Arrowood declined to comment, and a lawyer for American...
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