April 01, 2026
A former Connecticut utility CEO and his onetime employer have agreed to the dismissal of his lawsuit alleging that he is owed defense costs tied to a pending criminal corruption case, which follows his conviction for misusing public funds on trips to the Kentucky Derby.
June 22, 2023
Connecticut Municipal Electric Energy Cooperative's former CEO, who was convicted of stealing public funds to pay for lavish trips to the Kentucky Derby and elsewhere, hit the utility with an indemnification lawsuit in Connecticut federal court Wednesday, alleging the cooperative is unfairly demanding he repay $2.5 million in defense fees.
September 14, 2022
An AIG unit says an electric cooperative is recycling old, denied arguments in a lawsuit in Connecticut federal court over whether the cooperative should receive coverage after members of its leadership team were indicted.
March 08, 2022
An AIG unit failed to honor a court ruling requiring it to advance defense costs to an insured power utility for underlying criminal and civil actions, the policyholder told a Connecticut federal court, requesting a preliminary injunction to compel the payments.
November 01, 2021
A Connecticut federal court reversed its September ruling that an AIG unit didn't need to cover an insured utility company's legal fees from two indictments and civil litigation defense, finding Friday that it had overlooked information in its previous decision and that the insurer was on the hook for the fees.
September 22, 2021
A Connecticut utility said a federal judge overlooked evidence when she freed an AIG unit from having to cover two federal subpoenas against it, asking the court to reconsider the recent ruling.
September 15, 2021
A Connecticut federal judge said an AIG unit does not need to cover costs that a power utility incurred responding to two subpoenas in a federal investigation into potential financial wrongdoing by the utility's directors, but said the insurer can't deny coverage related to the directors' indictments.