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AIG Needn't Cover QBE Defense In Kickback Case, Court Says

By David Siegel (August 29, 2014, 7:15 PM EDT) -- A New York state court judge has ruled American International Group Inc. doesn't have to pay defense costs for individual and proposed class action suits brought by mortgage borrowers who claim QBE Holdings Inc. paid improper kickbacks to banks — but Darwin Select Insurance Co. does — because AIG's policy lacks a duty-to-defend provision....

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