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Twin City Fights $1M Claim Over Key Legal Costs

By Evan Weinberger (February 10, 2009, 12:00 AM EST) -- Twin City Fire Insurance Co. has asked a court to rule that it has no duty to pay Key Energy Services Inc. nearly $1 million to cover the costs of securities and derivatives class action settlements because the oil services company did not exhaust lower levels of excess directors and officers liability coverage....

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