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Theft Insurer Must Face $5M Suit By Gambling Site Backer

By Melissa Angell (February 18, 2021, 8:43 PM EST) -- A Minnesota federal judge ruled Thursday that Hiscox Insurance Co. cannot dodge Cumulus Investors' suit accusing it of breaching a $5 million employee theft policy, finding that Cumulus sufficiently argued it meets the policy's coverage since it established that the employees who scammed it worked for an affiliate company....

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