Amway Seeks To Force Insurers To Cover Copyright Damages

Law360, New York (April 28, 2017, 7:35 PM EDT) -- Amway Inc.’s parent company slapped AIG subsidiaries with a suit in Michigan federal court Thursday in a bid to force the insurers to cover the health and beauty marketing firm’s settlement of a copyright dispute with several of the world’s largest record companies.

Alticor Global Holdings Inc. claimed in its complaint that AIG Specialty Insurance Company, now known as Chartis Specialty Insurance Company, and National Union Fire Insurance Company breached the terms of their policies by denying coverage for "well in excess of $5 million" in...
To view the full article, register now.