Source: https://www.insurancejournal.com/, August 23, 2023

Berkley Assurance Co. is asking a federal judge in Virginia to throw out a $5.8 million jury verdict against it in a case where the insurer maintains a construction firm failed to notify it of its mold claim in a timely manner.

The insurer insists that the evidence establishes as a matter of law that CBG Building Co. unreasonably delayed in reporting the mold claim, and thereby substantially and materially breached its reporting obligation. Read more.