BENTONVILLE, Arkansas – Walmart Inc. has won. won an early legal victory last month in its battle with insurers that refused to cover Walmart’s legal costs and billions of dollars in settlements the retailer made in lawsuits over its sales of opioid medications.
Benton County Circuit Court Judge John R. Scott on December 29 that the entities of American International Group Inc. She has a duty to defend the Bentonville retail giant against lawsuits brought by governments over the opioid crisis. The AIG entities that insured Walmart are American Home Assurance Co. and National Union Fire Insurance Co. In Pittsburgh, Pennsylvania.
Walmart has sued the insurance companies to recover money it paid for attorneys and other defense costs in the lawsuits. It is also seeking coverage for billions in settlements it has paid.
To read more about the lawsuit, our content partner Arkansas Business has the full story here.
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