The Insurance Company of the v. Equitas Insurance Limited
Case Number:
20-3559
Court:
Nature of Suit:
Companies
Sectors & Industries:
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May 23, 2023
2nd Circ. Backs AIG Unit's $7.2M Win Against Reinsurer
London-based reinsurer Equitas Insurance Ltd. must pay $7.2 million of a $20 million payment that an AIG unit provided to Dole Food Co. to settle claims over environmental pollution at a housing development in California, the Second Circuit affirmed.
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April 11, 2022
AIG Unit Urges 2nd Circ. To Back $7.2M Coverage Win
An AIG unit urged the Second Circuit to affirm a lower court's ruling that London-based reinsurer Equitas Insurance Ltd. must cover $7.2 million of a $20 million payment to Dole Food Co. to settle claims over environmental pollution at a housing development in California.