The Eighth Circuit has affirmed that Liberty Mutual’s bond obligation did not extend to a subcontractor
In a dispute arising from a federal power infrastructure project, the Eighth Circuit Court of Appeals ruled in favor of Liberty Mutual Insurance Company, finding that the insurer was not liable under a performance bond for payments sought by a subcontractor that lacked contractual privity. The April 2025 decision affirms a lower court ruling and reinforces the enforceability