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XL Insurance Can Recoup $1M From AIG Unit In D&O Dispute

By Eli Flesch (July 15, 2021, 9:18 PM EDT) -- XL Specialty Insurance Co. can recoup from AIG Specialty Insurance Co. $1 million in excess coverage that XL paid to defend and settle a loan dispute, a California federal judge has ruled, saying an AIG policy applied to the defense costs of directors involved in the dispute....

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