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6th Circ. Says Insurer Must Cover Abercrombie Gift Card Row

By Steven Trader (August 13, 2015, 8:07 PM EDT) -- The Sixth Circuit on Thursday affirmed that insurer ACE European Group Ltd. was on the hook to defend its policyholder Abercrombie & Fitch in three underlying class actions alleging fraud and breach of contract for failing to honor promotional gift cards, rebuffing Ace's claim the allegations were excluded from its policy....

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