July 16, 2024
An AIG unit must face claims that it is liable for a mall operator's losses from rent abatement agreements entered into with tenants during the COVID-19 pandemic, a California federal court ruled, also finding a material dispute about whether the policy's contamination exclusion bars coverage for pandemic-related losses.
November 21, 2023
An insurer for an upscale Southern California mall has agreed with the mall's owner to settle its involvement in a coverage fight over $5 million in COVID-19 pandemic closure losses, leaving an AIG unit to fend for itself on the remaining claims.
March 01, 2023
An AIG unit can't escape a lawsuit brought by the owner of a luxury Orange County mall seeking coverage for over $5 million in COVID-19 pandemic closure losses, a California federal judge said Tuesday, saying a "pollution and contamination" policy exclusion didn't block the business' claims.