AIG Agrees to Settlement in Brain Injury Case

AIG will pay $18 million to settle a lawsuit filed by a man who suffered a serious brain injury after he was struck by a truck in the parking lot of an apartment complex. The settlement nullifies a $75 million judgment reached in a North Carolina superior court after an AIG subsidiary declined to defend the case. Why they declined to defend the case is anyone’s guess, but it certainly was a screw-up that probably increased the value of this case.


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