AIG Unit Can't Toss Conn. Utility's $3M Defense Cost Bid

[Gunnar Larson]

AIG Unit Can't Toss Conn. Utility's $3M Defense Cost Bid
<https://www.law360.com/insurance/articles/1819771?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-04-02&read_main=1&nlsidx=0&nlaidx=0>

By Hope Patti

An AIG unit can't escape the Connecticut Municipal Electric Energy
Cooperative's third-party suit seeking to recoup $3 million in legal
expenses, a Connecticut federal court ruled, saying the cooperative has
standing to pursue coverage on behalf of its former CEO who was convicted
of stealing public funds.

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<https://www.law360.com/insurance/articles/1819771?nl_pk=59612751-8689-4b1e-9154-1edd7f62646f&utm_source=newsletter&utm_medium=email&utm_campaign=insurance&utm_content=2024-04-02&read_more=1&nlsidx=0&nlaidx=0>
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