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IBM Sues Insurers Over $900M In Environmental Expenses

By Ganesh Setty ( April 16, 2025, 7:07 PM EDT) -- IBM has taken several of its excess commercial general liability insurers to New York federal court, arguing that following IBM's coverage settlements with underlying insurers, they are now on the hook for over $900 million in environmental remediation expenses incurred under policies issued between 1961 and 1970....

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