Friday, December 28, 2012
Fisker sues XL over hybrid cars wrecked by Superstorm Sandy
NEW YORK (Reuters) - Fisker Automotive has sued XL Group Plc after being denied insurance coverage over flooding from Superstorm Sandy that destroyed 338 of its Karma plug-in hybrids, worth about $33 million, at a Port Newark, New Jersey, shipping facility.
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