IBM Sues Liability Insurers Over Environmental Remediation Costs

IBM Sues Liability Insurers Over Environmental Remediation Costs

Many carriers—including units of Chubb Ltd. and Travelers Cos.—that insured IBM Corp. in the 1960s owe coverage for more than $900 million spent on environmental remediation and litigation costs, the tech company said in a lawsuit.

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https://news.bloomberglaw.com/insurance/ibm-sues-liability-insurers-over-environmental-remediation-costs