Insurers Don't Owe $11M For Gas Shortage, 4th Circ. Says
By Jeff Sistrunk ( February 20, 2014, 6:17 PM EST) -- The Fourth Circuit on Wednesday overturned a district judge's ruling that an American International Group Inc. unit and ACE American Insurance Co. owe Millennium Inorganic Chemicals Ltd. $10.8 million for business interruption losses tied to a natural gas explosion in Australia, ruling the insurers' policies don't cover Millennium's losses....
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