AIG Specialty Insurance Company

A federal judge has ordered AIG Specialty Insurance Co. into arbitration with The Walt Disney Co. in a dispute about a $25 million liability policy held by the ABC television network, which Disney owns.

Disney wants to tap ABC’s  insurance to partially offset its payout to Dakota Dunes, SD-based Beef Products Inc. (BPI). The payout…

AIG, the multinational insurance company, says its Chartis Specialty Insurance Co. sold the Disney Co. a policy for journalists at ABC Television that would only pay out if they were sued for malice and had obtained advanced permission about all the legalities involved from outside lawyers before anyone sued.

It probably can be argued that…