Contractor, AIG Demand $45M Plane Crash Coverage From US

Law360, New York (October 03, 2013, 3:24 PM ET) -- U.S. Department of Defense contractor National Air Cargo Group Inc. and an American International Group Inc. insurer launched a $45 million lawsuit against the U.S. government Tuesday, demanding insurance coverage for a cargo plane crash in Afghanistan that killed seven Americans.

The lawsuit, filed in the U.S. Court of Federal Claims, accuses the Federal Aviation Administration of breaching an insurance contract with National Air Cargo by refusing to cover the April 29 crash. AIG unit Commerce and Industry Insurance Co. ultimately paid about $42 million in...
To view the full article, register now.