DR Horton Suit Against Travelers Over $40M Judgment Trimmed

Law360, New York (October 31, 2012, 8:12 PM EDT) -- Homebuilder D.R. Horton Inc.’s indemnification suit against Travelers Indemnity Co. will continue despite a Colorado federal judge’s Wednesday ruling eliminating multiple claims filed by both parties seeking Travelers’ contribution in a $40 million construction defect judgment against D.R. Horton.

U.S. District Judge William Martinez refused Travelers' request to dismiss the case, in which D.R. Horton claims it is liable, as an insurer of several of its subcontractors, for paying defense fees in a residential construction defect suit, but he eliminated several claims in an effort to...
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