Insurers Ordered to Produce Documents on Claim and Reserves

RALEIGH, N.C. - Insurers for a mold-contaminated townhouse project failed to show that a trial court abused its discretion in ordering production and must turn over documents relating to a mold claim for the trial court's in camera inspection, a North Carolina appellate court held July 18. Wachovia Bank, et al. v. Clean River Corp., et al., No. COA05-1364 (N.C. Ct. App.).

North Carolina's Court of Appeals held that Zurich Insurance Services and other insurers must turn over approximately 462 documents sought by Wachovia Bank and other parties seeking coverage under a builder's risk policy for damage to a townhouse …