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AMICO Escapes $723M Customs Surety Bond Spat

By Liz McKenzie (September 1, 2009, 5:27 PM EDT) -- American Motorists Insurance Co. has been dropped from a $723 million putative class action brought by U.S. food producers accusing insurers of negligently issuing customs surety bonds and then refusing to pay up when cheap Chinese imports drove down the price of imported goods....

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