In Brief: AIG Unit Offers Warehouse Liability Policy

Lexington Insurance Co., a unit of American International Group Inc., said it introduced warehouse legal liability insurance Tuesday for the warehousing, trucking, and logistics industries.

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The policy covers liabilities that may arise from the loss of property in the insured's custody. It can be bought alone or as part of Lex TransportPlus, a product suite that includes motor cargo, vehicle physical damage, building, personal property, business interruption, and other logistics-focused insurance coverages.


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