April 10, 2015
An American International Group Inc. unit has settled an oil recycling company's suit seeking $12 million over the insurer's denial of coverage for cleanup and legal costs the recycler incurred from a shipment of contaminated oil, a Virginia federal court said Thursday.
October 08, 2014
An oil recycling company hit an American International Group Inc. subsidiary with a $12 million suit in Virginia federal court for denying coverage of cleanup and legal costs related to a contaminated oil shipment, saying the pollution coverage portion of its AIG policy should apply.