AIG, Allied Pay $60M To Settle Wildfire Coverage Row
By Juan-Carlos Rodriguez ( June 9, 2014, 3:54 PM EDT) -- Two American International Group Inc. units and Allied World National Assurance Co. on Friday agreed to pay $60 million to settle claims that they had failed to properly cover a California water district in a $69 million award in lawsuits blaming the district for property damage from a 2008 wildfire....
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