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Zurich, Caitlin, Starr other insurers win Wall Street water damage case

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Zurich, Caitlin, Starr other insurers win Wall Street water damage case

  • July 2016 Incident: Hig drilled a hole in an elevator room on the building’s roof, leading to water intrusion from rain, causing extensive property damage.
  • October 2016 Incident: A water tank switch installed by Domestic failed, leading to water leakage down 27 floors, further damaging the project.

Consigli had insurance coverage from multiple providers, including Harleysville, Zurich American Insurance Company, Catlin Insurance Company, and Starr Indemnity & Liability Company. Harleysville, which had been providing a defense for Consigli, sought a court ruling that it had no further duty to defend or indemnify. Alternatively, it argued that if its coverage remained in place, other insurers should share in the costs of defending Consigli.

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