AIG Must Pay $3.75M To Cover Ad Injury Claims, Jury Says

Law360, New York (November 25, 2013, 4:29 PM EST) -- An AIG Inc. unit must pay $3.75 million in damages to LMA North America Inc. for not covering the California-based laryngeal mask maker in an underlying suit over advertisements, which allegedly suggested that products of the company's competitor were unsafe, a California federal jury found Friday.

After a roughly two-week trial, LMA received all of the $3.75 million in breach of contract damages it had sought against AIG unit National Union Fire Insurance Company of Pittsburgh, Pa., LMA attorney Gary Thompson of Reed Smith LLP told...
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