Surety Settles Without Contractor’s Consent and Recovers from Principals

U.S. Court of Appeals for the Second Circuit

Berkley Insurance Company v. FG-PH Corporation

Case no.:  25-1053

Date filed: March 11, 2026

Overview

A federal appeals court has allowed the performance surety of a terminated contractor to recover indemnification from the company’s individual owners. The surety had settled with the project owner without the contractor’s consent ... Log in to view the full text.