Contractor makes claim against insurance giant
In 2014, LPCiminelli, Inc. entered into a contract with the State University Construction Fund to serve as the general contractor for the State University of New York at Buffalo School of Medicine & Biomedical Sciences Building Project. Insulation Coatings & Consultants, LLC (the Debtor) was subcontracted to provide labor, services, and materials for the project. To ensure performance and payment to subcontractors, LPCiminelli secured bonds from Liberty Mutual Insurance Company.