Ameron Knew Of Energy Project's Corrosion, AIG Unit Says

Law360, Los Angeles (March 25, 2013, 8:14 PM EDT) -- An American Insurance Group Inc. unit asked a California federal judge Monday to dismiss Ameron International Corp.'s suit seeking coverage in a suit over the corrosion of a $1.4 billion natural gas project, saying Ameron executives hid that they knew of damaged facilities before applying for insurance.

In a motion for summary judgment, American Home Assurance Co. asked U.S. District Judge Manuel L. Real to throw out the case because Ameron executive James McCarthy's prior knowledge of property damage at the natural gas facility off the...
To view the full article, register now.