Reinsurer Wants AIG Unit's Liability Affirmed In NCR Cleanup

Law360, New York (January 10, 2014, 3:11 PM EST) -- Everest Reinsurance Co. has filed a petition asking a New York federal court to confirm an arbitration panel's dismissal of claims brought by an American International Group Inc. unit for costs related to contamination of the Fox River in Wisconsin, according to a court document released Wednesday.

After a Dec. 11 arbitration hearing, a panel dismissed with prejudice National Union Fire Insurance Co. of Pittsburgh, Pa.'s claims against Everest Reinsurance and ordered the insurer to pay $450,000 in attorneys' fees, costs and expenses, according to the...
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