NIPSCO wins major court fight as contractors, insurers face costly fallout

For years, Safway covered NIPSCO’s legal defense. But in March 2016, just before mediation, both Safway and ACE withdrew their defense, leaving NIPSCO to pay its own legal bills and ultimately settle the lawsuit for $3.5 million. ACE later contributed $500,000 to the settlement under its insurance policy with Headwaters Resources, Inc., but reserved its rights to pursue recovery of that amount.

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