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9th Circ. Tells Axis To Cover Ex-TransDimension CEO

By Martin Bricketto (October 22, 2010, 4:26 PM EDT) -- A federal appeals court has reversed a lower court ruling in favor of Axis Reinsurance Co., ordering the insurer to cover the defense of TransDimension Inc.'s former CEO in an underlying suit that alleged he committed fraud and conspiracy in connection with his role in the merger of other companies....

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