US fossil fuel firm sues insurer for refusing to cover climate lawsuit

Aloha Petroleum's case against AIG could set precedent as to whether firms are protected against climate damage claimsA fossil fuel firm is suing its insurer for refusing to cover a climate lawsuit in a case that could affect the wider industry's ability to defend itself from litigation.Aloha Petroleum, a subsidiary of the US-based Sunoco, filed a claim against AIG's National Union Fire Insurance Company of Pittsburgh earlier this month, arguing it had failed to protect Aloha from the mounting costs of defending climate-related claims by local governments in Hawaii. Continue reading...