Insurer’s Construction Defect Coverage Suit Dismissed After Settlement Finalized

( October 23, 2026, 10:15 AM EDT) -- FRESNO, Calif. — A federal magistrate judge in California granted a stipulation to dismiss filed by an excess insurer and a general contractor that notified the court that they had finalized their settlement in the insurer’s action against the contractor for reimbursement of funds it paid to settle an underlying construction defect action....