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Lloyd's Fights Coverage In Insurance Scam Suit

By Hilary Russ (October 27, 2010, 3:22 PM EDT) -- Lloyd's of London claims in a new suit that it does not have to pay legal defense costs under professional liability coverage for Steven M. Brasner, an insurance agent facing civil suits and criminal charges over an alleged scam that secured life insurance policies worth millions of dollars in order to flip them onto the secondary market....

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