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02/09/2012 10:08:41 AM EST

Virginia High Court Agrees To Rehear Arguments In Global-Warming Suit

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LexisNexis® Mealey's™ Insurance Legal News

RICHMOND, Va. - The Virginia Supreme Court on Jan. 17 agreed to reconsider its finding that an insurer has no duty to defend its insured, a holding company of utility entities, in an underlying suit alleging that excessive carbon dioxide emissions caused global warming that led to the degradation of an Alaska town (The AES Corp. v. Steadfast Insurance Co., No. 100764, Va. Sup.; See 9/21/11, Page 4). Full story on lexis.com