California has won a $93 million settlement with 16 insurance companies over cleanup costs at Stringfellow Acid Pits, a notorious hazardous waste site. Lloyd's of London, one of the state's major insurers, will pay $49 million of the settlement, the state Department of Justice said Tuesday. "Stringfellow is California's highest priority Superfund site and we have spent more than 30 years and hundreds of millions of dollars to clean up the site," said Attorney General Bill Lockyer.
February 03, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
California has won a $93 million settlement with 16 insurance companies over cleanup costs at a notorious hazardous waste site.
Lloyd’s of London, one of the state’s major insurers, will pay $49 million of the settlement, the state Department of Justice said Tuesday.
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