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Insurer Off Hook For DBSI Investors' Claims: Calif. Court

By Jeff Sistrunk (April 10, 2015, 8:32 PM EDT) -- A California appeals court affirmed Friday that Endurance American Specialty Insurance Co. doesn't have to cover claims against a securities firm by customers who say they suffered losses on DBSI Inc. real estate investment vehicles, holding that coverage is precluded because the firm didn't disclose the facts underlying the claims....

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