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Associated Electric & Gas Insurance Services Limited et al v. Siemens Energy, Inc.
Case Number:
4:15-cv-01311
Court:
Nature of Suit:
195(Contract Product Liability)
Judge:
Firms
Companies
Sectors & Industries:
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July 26, 2017
Siemens Beats Suit Over $7M Bill For Busted Turbine
A federal judge in Texas on Wednesday confirmed an arbitration award in favor of Siemens Energy Inc. stemming from a dispute between it and insurers Associated Electric & Gas Insurance Services Ltd. and ACE American Insurance Co. over who is liable for a $7.1 million payment made after a gas turbine broke down.
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May 15, 2015
Insurers Want Siemens To Foot $7M Bill For Busted Turbine
Associated Electric & Gas Insurance Services Ltd. and ACE American Insurance Co. on Friday hit Siemens Energy Inc. with a suit in Texas federal court, saying the company is liable for the $7.1 million they paid to a policyholder whose Rolls-Royce Energy Systems Inc.-made gas turbine broke down.