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Reinsurer Won't Block Intervention Bid In $5M Claim Fight

By Natalie Olivo (July 17, 2017, 7:16 PM EDT) -- A Brazilian reinsurer told a New York federal court Friday that it won't oppose steel maker Companhia Siderurgica Nacional SA's bid to intervene in litigation brought by National Indemnity Co. to support the insurer's bid to force the reinsurer to cover a $5 million deal with CSN under an arbitration award....

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