Thursday, May 8, 2003
American Home Assurance Co. v. Plaza Materials Corp.
No. 02-1257
Polk County
American Home was the surety on road-construction bonds executed and delivered
to the Florida Department of Transportation by Cone Constructors, Inc., for its
work on Polk County Parkway. One of Cone's subcontractors failed to pay another
company, Plaza Materials, for products it had purchased. Plaza made a claim against
the bonds, but American Home noted that the claim was filed later than the time
provided by law. The trial court rejected this defense, and the Second District
affirmed.