A federal district court in New York ruled on Wednesday in favor of an Aon PLC unit in a dispute over a policy that gave only $ 15 million sublimely in connection with a 2017 tornado that caused damage of between $ 60 and $ 100 million.  The complex dispute in Pilkington North America Inc. against Mitsui Sumitomo Insurance Co. of America Inc. et al. involved a 2017 tornado that hit a manufacturing company in Ottawa, Illinois, operated by Toledo, Ohio-based Pilkington North America Inc., a unit of Tokyo-based Nippon Sheet Glass Co. Inc.
As part of the dispute over Pilkington's efforts to address the loss, Tokyo-based Mitsui Insurance Co. of America, part of the Tokyo-based Mitsui Sumitomo Insurance Group, a third-party complaint against Aon units in the UK and US, Nippon Sheet Glass and MSI's Japanese
In the complaint, MSI seeks an explanation that its coverage is subject to the $ 1
An MSI lawyer had no comment, while Aon and NSG's lawyers did not respond to a request for comment.