Insurers Needn't Defend IMG In Arbitration, Court Affirms

By Jeff Sistrunk (May 5, 2016, 2:26 PM EDT) -- A New York appellate court affirmed Thursday that a pair of insurers have no duty to defend sports management agency IMG Worldwide Inc. in arbitration proceedings over a dispute with a real estate developer, finding that policy exclusions for claims stemming from intentional conduct and breach of contract apply to bar coverage....

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