Holden v. Connex-Metalna Management Consulting GMBH

E. GRADY JOLLY, Circuit Judge:

Insurers are disputing the allocation of liability for losses suffered by their insured, IC RailMarine Terminal Co. (“IC RailMarine”). The losses were caused by the collapse of a crane that had just been installed as part of the construction of IC RailMarine’s cargo terminal on the Mississippi River. The damage was covered by various layers of property insurance. The policies included a builder’s risk policy issued by Reliance National Insurance Co. (“Reliance”), a joint blanket property policy issued by Lexington Insurance Co. (“Lexington”) and Westchester…