Wednesday, January 23, 2019

Duke Energy, insurers mull settlement of $600M coal-ash liability suit

Duke Energy and some two dozen insurance companies are negotiating a possibility of what could be a $600 million lawsuit over coal-ash liability and won a four-month stay of the case on Wednesday to give them time to see if the case can be worked out. Lead attorneys for Duke and the insurers made clear that a settlement is by no means certain. But after about 17 months of depositions and other discovery, the two sides have decided it makes sense to see if they can reach some kind of agreement without…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/01/23/duke-energy-insurers-mull-settlement-of-600m-coal.html?ana=RSS&s=article_search

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