Captive insurer sues AIG and Swiss Re models over $55 million invoice

Gencon sees it otherwise. The captive insurer argues that its basic legal responsibility insurance policies, ranging from November 2001, narrowed the sexual misconduct exclusion to cowl solely “the precise or threatened sexual abuse or sexual molestation.” That language, Gencon contends, preserved protection for negligence and by-product legal responsibility claims, which shaped the premise of the scholars’ instances towards Church entities.