4th Circ. Backs Ace Win In $26M Construction Coverage Row

Law360, Los Angeles (December 16, 2013, 8:26 PM EST) -- The Fourth Circuit affirmed the granting of summary judgment for Ace American Insurance Co. in a $26 million insurance battle, holding Monday that the plaintiff violated its policies by not obtaining consent before settling an underlying dispute over damage caused during a hotel construction.

The plaintiff, a joint venture between Perini Building Co. and Turner Construction Co., sued Ace in 2010, claiming coverage under primary and excess insurance policies for the collapse of a glass roof atrium, part of a large-scale $900 million hotel construction project...
To view the full article, register now.




Case Information

Case Title

Perini/Tompkins Joint Venture v. ACE American Insurance Company

Case Number



Appellate - 4th Circuit

Nature of Suit

4110 Insurance

Date Filed

November 20, 2012

Law Firms

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.