Aloha Petroleum, Ltd.: AIG sued by petroleum firm in climate litigation dispute

AIG's National Union Fire Insurance Company has been sued by Sunoco subsidiary Aloha Petroleum for refusing to cover the costs of defending climate-related claims by local governments in Hawaii. It's thought that this case could set a precedent as to whether firms are protected against climate damage claims, as more insurers seek to refuse cover [...]The post AIG sued by petroleum firm in climate litigation dispute appeared first on ReinsuranceNe.ws.