September 19, 2014
A California jury on Friday found that American International Group Inc. unit Lexington Insurance Co. stiffed a New York science center on Superstorm Sandy damage claims, reaching a $1.6 million verdict that includes damages and attorneys' fees.
September 16, 2014
An American International Group unit told California jurors Tuesday it didn't stiff a New York science center on Hurricane Sandy damage claims, saying a high deductible for named storms applies even though Sandy lost its name before the damage occurred because it had unleashed "a massive wall of water" days earlier.
March 28, 2014
A California federal judge on Thursday trimmed a real estate investment trust's lawsuit accusing Lexington Insurance Co. of stiffing it on Superstorm Sandy damage claims, finding a jury needs to decide exactly how the damage occurred.