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Litigation

Jan. 21, 2004

Utility Firm Wins Battle for Reimbursement

After a decadelong battle with its insurer, a utility holding company robbed by one of its own executives can collect $12.5 million on an insurance policy to help cover the loss, a jury said recently.

By Stefanie Knapp
        After a decadelong battle with its insurer, a utility holding company robbed by one of its own executives can collect $12.5 million on an insurance policy to help cover the loss, a jury said recently.
        Pacific Enterprises, now part of San Diego-based Sempra Energy, had a $24.5 million insurance policy covering loss...

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