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Bear Stearns Didn't Need Insurers' OK For Settlement: Judge

By Brian Amaral (July 22, 2016, 4:39 PM EDT) -- A New York state judge has ruled that Bear Stearns did not necessarily trigger an exclusion to its insurance policy by entering a settlement with the Securities and Exchange Commission in 2006 without its insurers' permission, as the insurers had already made clear they were denying the claim....

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