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Insurers Win Approval Of Award Nixing $1.6M Yacht Claim

By Jack Queen (December 16, 2019, 10:22 PM EST) -- Three insurers will get nearly $60,000 in attorney fees and escape a claim for a $1.6 million yacht that ran aground near Panama after a New York federal court on Monday approved an arbitration award over the objections of the boat's owner, who said the process was rigged....

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