Insurers Denied Reconsideration Of Summary Judgment For Faulty Work, Water Damage

( August 21, 2025, 8:29 AM EDT) -- NEW YORK — A federal judge in New York denied two insurers’ motions for reconsideration of the denial of their motions for summary judgment in connection with coverage for an underlying suit brought by a developer against a construction manager for allegedly faulty work and water damage to a project in New York, finding one insurer’s motion to be procedurally improper and to fail on the merits and the other’s interpretation of “property” in the Contractors Exclusion to not be the only interpretation of “property” available....