No New Trial For AIG In $6M Settlement Coverage Suit

By Mike Curley (April 17, 2020, 5:03 PM EDT) -- An Indiana federal judge on Friday denied AIG's bid for a new trial in a dispute with another insurance company over coverage of a $6 million settlement, finding that none of its objections to the jury's verdict or the court's decisions on evidence warrant a new trial.

AIG was seeking a retrial after it lost a suit by Medical Protective Co. of Fort Wayne Indiana, or MedPro, in a verdict that forced AIG to help MedPro pay a $6 million bad faith settlement with the family of a woman who died under the care of one of MedPro's policyholders.

While AIG...

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