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The Legal Book

Guiding you through today's legal questions
In the modern world, there's a wealth of new laws and legal issues that we all need to
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Reinsurers Obliged to Pay Share of Asbestos Settlement, Panel Says

A group of reinsurance companies is responsible for $420 million of a nearly $1 billion settlement between United States Fidelity & Guaranty Co. and one of its insureds over asbestos claims whether or not Fidelity & Guaranty initially denied those claims in bad faith, a New York appellate panel has ruled.

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