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LMI Wants $50M Policy Out Of Stanford Defense Kitty

By Nick Malinowski (November 19, 2009, 2:35 PM EST) -- Clarification is imminent on a contested $50 million Lloyd's of London insurance policy issued to alleged Ponzi artist R. Allen Stanford and other executives at his Stanford International Bank and related entities, as the insurer has sued for declaratory relief in an effort to avoid funding the accused fraudsters' criminal defense....

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