Insurers For Developer, Subcontractor Move To Dismiss Defects Coverage Suit

( August 21, 2026, 8:17 AM EDT) -- NEW YORK — A developer’s insurer and a subcontractor’s insurer filed a stipulation to dismiss after reaching a settlement in a case brought by the developer’s insurer regarding coverage in an underlying case alleging that the subcontractor’s work may have contributed to water damage in a mixed-use building....