AIG Says Insureds Can't Sue It For Targeting Wrongdoers

AIG Says Insureds Can't Sue It For Targeting Wrongdoers

Attorneys for American International Group Inc. and its reinsurer told a New York state judge on Thursday that the "made whole" doctrine bars a couple's class action, stemming from a faulty water cooler, that accuses the insurers of taking money from third-party wrongdoers before reimbursing policyholders' losses.

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