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Insurer Can't Use Policy To Duck Sandy Payout, NYU Says

By Matthew Guarnaccia (July 27, 2018, 6:45 PM EDT) -- New York University on Friday told a New York federal judge that it deserves more than the $40 million paid out by Factory Mutual Insurance Co. to cover damage caused by Hurricane Sandy in the school's Langone Medical Center network, saying the insurer cannot hide behind policy limits to avoid payment....

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