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Insurer Defends $100M Storm Coverage Payout In 2nd Circ.

By Max Stendahl (May 14, 2015, 5:51 PM EDT) -- An attorney for American Family Mutual Insurance Co. told the Second Circuit on Thursday it should not be required to return $100 million to a reinsurer stemming from losses in a 2011 storm, denying allegations that the payout was inflated in breach of a contract....

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