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Continental Sinks Bad-Faith Claims In FCA Coverage Fight

By Megan Stride (June 24, 2013, 5:23 PM EDT) -- A Louisiana federal judge on Monday axed Bollinger Shipyards Inc.'s claims that Continental Insurance Co. acted in bad faith when it refused to pay defense costs for a $200 million False Claims Act suit over faulty ships, saying Continental lacked a clear duty to pay under its excess policies....

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