
After a construction project along Volunteer Parkway in Bristol partially collapsed in late 2020, the project’s owner and insuring agency are at odds due to a disputed payout that could total in the millions of dollars.
According to a Declaratory Judgment request filed with the United States District Courthouse in Greeneville by the Cincinnati Insurance Company (Cincinnati), Tenneva LLC -- the project’s owner -- is requesting up to $8,701,879 in relief that they believe does not fall under the agreement signed by the two companies.
In policy documents provided in the lawsuit’s initial request, Cincinnati states that their company does not pay for losses caused by ‘design, specifications, construction or workmanship.’
According to an investigation by Thornton Tomasetti, an engineering firm hired by the insurance company to investigate the incident, the building’s collapse was the fault of steel load-bearing walls that failed on the second floor.