Two manufacturing companies are dropping their suit against an
FKI Hardware Inc., FKI Industries Inc., and Allianz Underwriters Insurance Co. filed a joint stipulation of dismissal in the US District Court for the Northern District of Oklahoma on Thursday.
- FKI sued Allianz in July 2024, seeking coverage for a Michigan state government suit alleging a corporate predecessor had caused environmental contamination at nine sites in or near Grand Rapids.
- Allianz insured FKI from November 2019 to November 2022 under a “claims made” environmental liability policy, which FKI’s complaint said should ...