“AIG owes Walmart a defense obligation” under commercial general liability policies for lawsuits alleging the retail and pharmacy chain negligently oversold opioid painkillers, Arkansas Circuit Judge John R. Scott said in a Dec. 29 decision. The judge rejected AIG’s argument that the underlying lawsuits didn’t allege damages stemming from a physical injury—a precondition for coverage.
Walmart has been sued by government entities seeking to recover billions of dollars in financial losses responding to ...