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Excess Insurer Seeks Guidance On FTX Collapse Coverage

By Hope Patti (August 10, 2023, 2:13 PM EDT) -- Hiscox has asked a California federal court for guidance on how to apportion a $5 million excess directors and officers policy among Sam Bankman-Fried and others associated with the collapsed cryptocurrency exchange FTX, saying it's unable to determine how to fairly split the limited funds without potentially exposing itself to liabilities....

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