Developer Doesn't Qualify For Tort Coverage, 11th Circ. Says

Law360, Chicago (February 26, 2013, 6:54 PM EST) -- The Eleventh Circuit on Tuesday affirmed a ruling that said the developer of a New York City apartment building failed to show it was an additional insured under policies it claimed were issued to its contractor by American Safety Risk Retention Group Inc. and that insurer's program manager.

In a published opinion, a three-judge panel affirmed a Georgia federal court's ruling for ASRRG and its program manager American Safety Insurance Services Inc., shutting down developer Well-Come Holdings LLC's argument that it is owed coverage under ASRRG...
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