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Madoff Victims Lose Bid For Homeowners Policy Coverage

By Martin Bricketto (December 14, 2012, 3:47 PM EST) -- A New Jersey appeals court on Friday shot down investors' claims that, based on the terms of their homeowners insurance policies, Chubb Insurance Co. of New Jersey and other carriers should make them whole for losses stemming from Bernard L. Madoff's massive Ponzi scheme....

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