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Mealey's Insurance - 6th Circuit Affirms Dismissal Of Insurance Dispute That Was Resolved In Arbitration

CINCINNATI - The Sixth Circuit U.S. Court of Appeals on Jan. 27 affirmed a lower federal court's dismissal of an insured's lawsuit seeking recovery of more than $100,000 it paid to repair its yacht because an arbitrator already determined that the engine damage "was directly and proximately caused by a lack of required maintenance" (Rick E. Capone v. Atlantic Specialty Insurance Company, No. 19-3760, 6th Cir.).
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