Town of Paradise Valley Settlement Agreement with City of Phoenix Feb 2025
Old Republic Provided Project Liability Insurance
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Description
Old Republic Insurance Co. provided commercial general liability insurance to SDB, Inc. for the Stanford Drive project, with the Town of Paradise Valley as an additional insured, but initially refused to defend or indemnify the Town in connection with a lawsuit.
Contract Details
Vendor
OLD REPUBLIC INSURANCE CO
Agency
Town of Paradise Valley, AZ
Contract Type
INSURANCE
Document Date
February 4, 2025
Renewal Info
Policies MWZY300032 and TUU357931713 (and related) covered the project and were referenced in litigation and settlement activities. Later, Old Republic agreed to provide a defense under a reservation of rights.
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