TITLE

Los Angeles School District Sues Insurer Over Waste Terms

AUTHOR(S)
Illia, Tony
PUB. DATE
April 2006
SOURCE
ENR: Engineering News-Record;4/17/2006, Vol. 256 Issue 15, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Los Angeles Unified School District has filed a lawsuit accusing its insurer American International Group Inc. (AIG) of reneging on a 1999 pact to cover for 20 years much of its environmental cleanup cost. District officials bought the $7.5-million policy in the wake of problems surrounding Belmont Learning Complex, an $87-million high school to be built on a site later found to contain methane and chemicals. The incomplete structure was abandoned in January 2000. AIG agreed to cover unanticipated cleanup costs at any of the district's roughly 900 properties at the time.
ACCESSION #
20655422

 

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