AIG Denied Quick Win In Becton Antitrust Coverage Fight
Law360 (February 21, 2018, 9:03 PM EST) -- An AIG unit can’t dodge coverage just yet for the $67 million bill medical technology company Becton Dickinson & Co. racked up settling two antitrust suits, a New Jersey federal court said Tuesday, ruling it’s unclear whether the policies at issue cover “unfair competition.”
National Union Fire Insurance Co. had moved for judgment on the pleadings in October, a rare move that’s usually reserved for situations where one party feels particularly confident that the other’s legal arguments are baseless. National Union said Becton couldn’t possibly be covered because it filed its claims years too late and, in any case, the policies...
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