A firearms manufacturer sued its insurer, alleging a breach of contract when it stopped funding its legal defense in a case that has been winding its way through the courts for more than two decades.
Colt’s Manufacturing Co. sued AIG Specialty Insurance Co. and Pittsburgh-based National Union Fire Insurance Co. in U.S. District Court in Connecticut.
The underlying lawsuit, City of Gary, Indiana v. Smith & Wesson, alleged Colt and other manufacturers and distributors of handguns were liable for gun violence in the city. That complaint was filed on Aug. 30, 1999.
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Colt's Manufacturing Co. LLC is represented by Rhonda Orin, Daniel McGuire and Joseph Vila.