Hertz Not Covered For SEC Probe, Insurers Tell 2nd Circ.

By Josh Liberatore (October 31, 2022, 3:26 PM EDT) -- Insurers urged the Second Circuit to uphold a ruling that they don't have to cover Hertz's $27 million legal bill related to a U.S. Securities and Exchange Commission investigation, arguing that the probe doesn't count as a covered securities claim under the rental car company's policies....

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