The Virginia Supreme Court has ruled in favor of an insurance company in a case that legal experts say is the first in the nation on whether insurers may be liable for claims arising from global warming.
The court unanimously ruled Friday that a native Alaskan village’s claims against AES Corp. were not covered by the Virginia-based energy company’s liability insurance carrier, Steadfast Insurance Co. The ruling upheld a lower court decision.
Kivalina, a native community on an Alaskan barrier island, alleged in a 2008 lawsuit that greenhouse emissions by AES and other companies damaged the village by causing global warming. Steadfast claimed it did not owe AES a defense or indemnity coverage because the complaint did not allege an “occurrence” of property damage.
Was this article valuable?
Here are more articles you may enjoy.
UBS Top Executives to Appear at Senate Hearing on Credit Suisse Nazi Accounts
Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion
US Will Test Infant Formula to See If Botulism Is Wider Risk
FM Using AI to Elevate Claims to Deliver More Than Just Cost Savings