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Expert Analysis

The Nonoccurrence Of Greenhouse Gas Emissions

Law360, New York (January 25, 2012, 1:55 PM EST) -- On Sept. 16, 2011, the Virginia Supreme Court upheld an insurer's denial of coverage for greenhouse gas damage claims against the AES Corp. (AES) because the court found that no "occurrence" took place as that term was defined in AES's standard general liability insurance policies. As a result, the court found that AES's insurer did not owe AES a defense or indemnity coverage (see AES Corp. v. Steadfast Insurance Co., VA, No. 100764, Sept. 16, 2011)....

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