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NY High Court Says Deadline Unenforceable In Coverage Suit

By Bibeka Shrestha (February 13, 2014, 3:36 PM EST) -- New York's highest court held Thursday that a normally reasonable requirement that policyholders bring coverage suits within two years had transformed into an unenforceable provision because it made coverage "valueless," siding with the owner of an office building that suffered more than $1 million in fire damage....

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