Mid-Continent Denies Duty To Defend Homebuilder

Law360, New York (February 11, 2009, 12:00 AM EST) -- Mid-Continent Casualty Co. has sued Greater Midwest Builders Ltd., seeking a judgment that it has no duty to defend or indemnify the developer in an underlying suit over allegedly defective townhomes because of certain insurance policy exclusions.

Mid-Continent lodged the suit Monday against St. Louis-based Greater Midwest Builders; its president; and the Village at Deer Creek Homeowners Association Inc., which brought the underlying suit, in the U.S. District Court for the District of Kansas.

In the complaint, the liability insurer claims it has no obligation to...
To view the full article, register now.

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.