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Big M Blames Bankruptcy On Insurer's Delay In Sandy Claim

By Linda Chiem ( November 5, 2013, 4:38 PM EST) -- Clothing retailer Big M Inc. launched an adversary suit in New Jersey bankruptcy court Monday alleging Westport Insurance Co. refused to promptly reimburse it for damages from Superstorm Sandy, resulting in losses of more than $10 million that eventually drove the company to file for bankruptcy and sell its assets. . . .

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