February 22, 2017
AIG and agricultural product company Stoller Enterprises Inc. on Tuesday both objected to a Texas magistrate judge's recommendation to throw out nearly all of Stoller's suit seeking coverage from AIG for an unfair competition suit settlement of an undisclosed amount after triple damages totaled $36 million.
February 07, 2017
A Texas magistrate judge on Tuesday found that an AIG unit's policies don't cover agricultural product company Stoller Enterprises Inc.'s settlement of an unfair competition lawsuit, but said Stoller should be allowed to pursue its claims that the insurer's claims handling practices violated the state insurance code.
July 18, 2016
An AIG unit told a Texas federal court Monday that its umbrella insurance policy doesn't cover a settlement that an agricultural product company reached to resolve an unfair competition lawsuit after a trial loss left it facing a $44.5 million judgment, saying the policyholder has misrepresented the policy terms to try to obtain coverage.
June 27, 2016
Stoller Enterprises on Sunday asked a Texas federal judge to declare AIG Specialty Insurance Co. breached an umbrella policy when it refused to provide coverage related to an unfair competition lawsuit that left the agricultural product seller facing a $44.5 million judgment, saying the policy's two-tiered plan doesn't bar coverage.
May 12, 2016
An AIG unit urged a Texas federal court Wednesday to find that it doesn't have to cover a settlement that agricultural product seller Stoller Enterprises reached to resolve an unfair competition lawsuit after a trial loss left it facing a $44.5 million judgment, asserting that multiple policy exclusions bar coverage.
April 08, 2016
Stoller Group Inc., whose subsidiary agriculture business was socked with a $44.5 million judgment for lying about a competitor and later settled, told a Texas federal judge Thursday it should have a say in the ensuing coverage dispute between the subsidiary and AIG because it was equally harmed.
March 17, 2016
AIG Specialty Insurance Co. told a Texas federal judge Thursday that its beef over coverage of a now-vacated $44.5 million judgment against Stoller Enterprises for spreading lies about a competitor had nothing to do with Stoller's parent company, and therefore the parent firm should not be able to intervene.
January 06, 2016
AIG Specialty Insurance Co. says it owes no portion of a $44.5 million judgment leveled against policyholder agricultural product seller Stoller Enterprises for spreading lies about a competitor, telling a Texas federal court Wednesday the disparaging remarks predate its policy and were made intentionally, therefore they are excluded.