Insurers' Fight Over Monsanto Coverage Kept Alive

Law360, New York (October 3, 2013, 6:54 PM EDT) -- A New York state judge said Thursday that there are too many disputed factual issues about a 1993 Monsanto Co. environmental settlement for him to decide now if Everest Reinsurance Co. should help American International Group Inc. pay for a later $140 million Monsanto deal.

Judge Charles E. Ramos denied summary judgment motions filed by EverestRe and AIG's National Union Fire Insurance Co. of Pittsburgh, Pa., during a hearing Thursday, saying that it wasn't clear whether AIG was right to have entered the 1993 settlement with...
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