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The Insurance Company of the State of Pennsylvania v. Equitas Insurance Limited
Case Number:
1:17-cv-06850
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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August 06, 2021
AIG Unit Denied Atty Fees Following $7.2M Coverage Win
An AIG subsidiary has lost its New York federal court bid to have its reinsurer pay more than $300,000 in attorney fees, following a ruling last year that the reinsurer must cover $7.2 million of a $20 million payment to Dole Food Co. to settle pollution claims.
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July 16, 2020
AIG Unit's Reinsurer Must Cover $7.2M Of Dole's Enviro Deal
A New York federal judge ruled Thursday that London-based reinsurer Equitas Insurance Ltd. must cover a $7.2 million share of a $20 million payment that an AIG unit made toward Dole Food Co.'s settlement of claims over environmental pollution at a housing development in California.