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Travelers Defeats $1.4 Million Delay Claim In Builder's Risk Coverage Clash - Data Intelligence

Summary by Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai.
On June 9, 2025, the Eighth Circuit Court of Appeals sided with Travelers Property Casualty Company of America in a closely watched dispute over coverage for construction delays at a Missouri apartment complex, ruling that developer BCC Partners, LLC wasn’t entitled to a $1.4 million payout for lost rental income and soft costs.  The decision brings an end to BCC’s legal challenge, which centered on its status under a builder’s risk insurance p…
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Plato. Vertical Search. Ai. | PlatoAiStream. Data Intelligence. Vertical Search. Ai. broke the news in on Thursday, June 12, 2025.
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