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A construction manager in charge of renovating the United Nations headquarters accused an AIG unit in New York state court of delaying and avoiding its obligation to pay a reasonable settlement of an underlying asbestos suit.
An Illinois appellate court ruled that it has no jurisdiction to consider a petition for sanctions against a Liberty Mutual unit, or a lower court's refusal to vacate its previous order that tossed the coverage action against the unit, pursuant to a settlement.
An AIG unit serving as an excess insurer to Home Depot is not liable to cover a $9 million arbitration award against the home improvement retailer stemming from a dispute with a customer who was shocked with electricity while handling a rat trap, a California federal judge ruled.
Associated Industries Insurance Co. told a Florida federal court on Thursday that it has no duty to defend or indemnify a California law firm, its founding member and the firm's predecessor entities in suits accusing them of engaging in a scheme to entice timeshare owners to breach their contracts.
James River Insurance Co. must defend an operator of an Alabama pyrotechnics plant and others in negligence suits following an explosion in 2015 that left two employees dead and one severely injured, the Eleventh Circuit ruled Thursday.