AIG Insurance Unit Escapes Trustee Suit Over Endo Product Claims

An American International Group Inc. unit was dropped from a lawsuit brought by a trust handling claims related to opioids and other Endo International products as part of the drugmaker’s court-approved plan to exit Chapter 11 bankruptcy.

The trustee filed a notice of voluntarily dismissal of claims against Lexington Insurance Co. in the US District Court for the Eastern District of Pennsylvania on Monday.

• In August, the trust filed suit against dozens of insurers that it said either had disputed or were expected to dispute their coverage duties for claims against Endo related to opioid products, transvaginal surgical mesh products, ...