The state Superior Court has ruled Cigna Corp.'s excess insurer is not obligated to indemnify the company for any of the $140 million it paid to settle class action claims for breach of contract and violations of the Racketeer Influenced and Corrupt Organizations Act.
The court also ruled that, in general, it's the insured, not the insurer, who bears the burden of proving the apportionment of settlement funds to claims.
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