NY Court Affirms AIG Unit's Win In Goldman Sachs Defect Row

By Bibeka Shrestha ( May 15, 2014, 5:31 PM EDT) -- A New York appeals court held Thursday that an expanded definition of "occurrence" in an American International Group Inc. insurer's policy did not provide Turner Construction Co. and Permasteelisa North America Corp. with coverage for a construction defect suit brought by a New Jersey building owner affiliated with Goldman Sachs....

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