WV American settles with insurance company in water crisis case

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By Ken Ward Jr. West Virginia American Water Co. has reached a deal with one of its insurance carriers, a move that provides the water company an additional $22 million to cover the payments it has agreed to make to Kanawha Valley residents, businesses and workers in a class-action settlement over the January 2014 water crisis, court records and corporate disclosures show. West Virginia American agreed to the settlement with Starr Indemnity and Liability to resolve a lawsuit the water company filed to try to force the insurance company to provide coverage for part of the $151 million water crisis settlement agreed to by West Virginia American and Eastman Chemical. A disclosure filed last week with the U.S. Securities and Exchange Commission...

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