UK Top Court Frees AIG From Covering Litigation Loan Losses

By Jeff Sistrunk (October 26, 2016, 5:04 PM EDT) -- The U.K.'s highest court on Wednesday freed AIG Europe Ltd. from indemnifying a lender for losses it suffered when a now-insolvent personal injury law firm allegedly misused loans in its representation of personal injury clients, holding that an exclusion in the firm's professional indemnity policy with AIG bars coverage....

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