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AIU Insurance Company v. TIG Insurance Company
Case Number:
1:07-cv-07052
Court:
Nature of Suit:
Judge:
Firms
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March 25, 2013
TIG Dodges AIU's $23M Asbestos Reinsurance Claim
A federal judge on Monday ruled that TIG Insurance Co. doesn't owe AIU Insurance anything in a $23 million dispute over a settlement with Foster Wheeler Corp. regarding asbestos suit coverage, finding that AIU gave late notice to the reinsurer.
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August 17, 2012
Judge Rules For TIG In $23M Asbestos Reinsurance Battle
A New York magistrate judge sided with TIG Insurance Co. on Thursday in a nearly $23 million dispute with AIU Insurance Co. after ruling that AIU gave late notice to the reinsurer of a settlement with Foster Wheeler Corp. over asbestos suit coverage.