Tag Links: fisker, xl group

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Because of denying insurance coverage related to damage from flooding, XL Group Plc faces a lawsuit filed by Fisker Automotive. A total of 338 of its Karma plug-in hybrids, valued at around $33 million, parked at a Port Newark, N.J., shipping facility were destroyed by Superstorm Sandy.

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Fisker sues XL over hybrid cars wrecked by Superstorm Sandy

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