October 16, 2025
An AIG unit and three manufacturing companies have agreed to end a $7 million suit in which the insurer sought to recoup costs connected to a fire at an iron processing plant in Corpus Christi, Texas, according to a motion filed in federal court.
March 12, 2025
A construction company can't avoid an AIG unit's $7 million subrogation suit over a fire at an iron processing plant, a Texas federal court ruled, saying the insurer sufficiently stated a claim for negligence.
August 13, 2024
An insurer for one of the world's largest steel producers told a Texas federal court that five companies it said were responsible for the design, manufacture, sale and installation of a failed component at an iron plant must foot the bill for a fire that cost the producer nearly $7 million.