AIG Not Liable For Wrongful Death Claims: 5th Circ.

Law360, New York (May 6, 2011, 8:22 PM EDT) -- The Fifth Circuit affirmed a ruling Friday dismissing Texas Molecular LP's suit requesting coverage from American International Specialty Lines Insurance Co. and American International Group Inc. for wrongful death suits after two employees were killed from exposure to hydrogen sulfide.

The insurance policies, which cover claims relating to bodily injuries that happen on Texas Molecular property, specifically exclude injury to employees of the insured or its affiliates and injury sustained because of pollution, so the district court did not err in granting summary judgment, the Fifth...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.