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02/26/2013 09:55:26 AM EST

7th Circ. Told Chubb Owes Bank Coverage For Embezzlement

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Law360: Insurance

Seventh Circuit judges grilled Bankmanagers Corp. over case law and jurisdictional issues Tuesday as the bank worked to convince the appeals panel that a Chubb Corp. unit owes it coverage in underlying litigation over $17.4 million embezzled from headphone maker Koss Corp.'s accounts. Read More...