Pa. Utility Says Insurer Must Cover Spinoff Defense Costs

By Ganesh Setty · August 5, 2024, 5:44 PM EDT

A Pennsylvania-based utility company told a federal court that its excess directors and officers insurer failed to cover any portion of the $53.4 million it incurred defending underlying lawsuits related to the...

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Case Information

Case Title

PPL Corporation v. ASSOCIATED ELECTRIC & GAS INSURANCE SERVICES LIMITED

Case Number

5:24-cv-03649

Court

Pennsylvania Eastern

Nature of Suit

Contract: Insurance

Date Filed

August 01, 2024