Greenwire: A state appeals court ruled today in the first case of its type that an insurance company does not have to foot the bill for a company facing damages over climate change.
The Virginia Supreme Court ruled in the closely watched case that Steadfast Insurance does not have a duty to defend AES Corp., a utility which is a defendant in a major climate case, Kivalina v. Exxon Mobil Corp., et al., which is currently before the San Francisco-based 9th U.S. Circuit Court of Appeals.
Litigation over......
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Va. Court Rules That Insurance Doesn’t Cover Global Warming Claims
Posted by Greenwire: Lawrence Hurley on September 16th, 2011
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