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11th Circ. Says Dueling Cases Void Insurance Exclusion

By Emily Field (December 17, 2014, 7:56 PM EST) -- The Eleventh Circuit on Wednesday overturned a lower court's decision that St. Paul Mercury Insurance Co. didn't owe coverage for an underlying $15 million suit brought by the Federal Deposit Insurance Corp., ruling that an insured v. insured exclusion was ambiguous because courts' interpretation of similar language has been varied....

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