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Channel: Virginia Lawyers Weekly » Insurance
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Settlement Without Consent Means No Coverage 

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The 4th Circuit affirms summary judgment for an insurance carrier denying coverage under both primary and excess policies, as the insured failed to obtain the carrier’s consent, as per contract terms, prior to settling an underlying property damage dispute at a hotel construction site. Perini/Tompkins Joint Venture (PTJV) appeals a grant of summary judgment to ...

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