NU Online News Service, Jan. 17, 1:35 p.m. EST
A group of insurers that looked to separate themselves from Liberty Mutual subsidiaries in order to accept a $450 million settlement with American International Group Inc. (AIG) was granted what the court terms “intervention.”
The court ruling allows the named insurers to settle a protracted federal civil lawsuit with AIG over alleged underreporting of workers' compensation premiums.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
