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Maxum Escapes Coverage For Insurance Fraud Claims

By Jeff Sistrunk (February 3, 2015, 6:44 PM EST) -- An Ohio federal judge on Tuesday ruled that Maxum Indemnity Co. doesn't have to cover losses stemming from an agent's alleged sale of fraudulent insurance policies on behalf of Maxum's policyholder, concluding that an exclusion in the relevant professional liability policy bars coverage for the losses....

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