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Judge Misread MBIA Policies, Insurers Tell 2nd Circ.

By Christie Smythe · March 28, 2011, 3:52 PM EDT

Liability insurers told the Second Circuit on Monday that a lower court misinterpreted policies in granting MBIA Inc. the bulk of $30 million in coverage for regulatory probes and derivative suits...

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Judge Misread MBIA Policies, Insurers Tell 2nd Circ.

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