Reinsurer Demands Contribution For Construction Defects Settlement

LAS VEGAS - As the reinsurer of a now-insolvent liability insurer, Clarendon National Insurance Co. is demanding more than $1 million in contribution from a commercial general liability insurer toward the settlement of underlying construction defects claims. Clarendon National Insurance Co., et al. v. National Fire and Marine Insurance Co., et al., No. 2:08-00331 (D. Nev.).

The June 4 amended complaint was filed by Clarendon and Homeland Central Insurance Co. against National Fire and Marine Insurance Co. in the U.S. District Court for the District of Nevada.

Frontier Insurance Co. issued a liability policy to Point Blank Framing Inc., effective …