LabCorp sues AIG and Liberty over Facta lawsuit cover

US healthcare diagnostic firm LabCorp has initiated legal action
against AIG Specialty and Liberty Mutual after the insurers refused
to pay out on a $10mn policy over the company's loss of a class
action suit.
According to documents filed in the Court for the Middle
District of North Carolina on 19 July, LabCorp is pursuing AIG, the
primary carrier, for breach of contract for failing to pay out
under a specialty risk protector policy after mediation between the
parties failed...