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Insurer Doesn't Have To Front Phillips 66 Funds, Court Told

By Morgan Conley (February 16, 2022, 3:44 PM EST) -- German insurer HDI Global SE wants a New York federal court to confirm an arbitration panel's finding that it isn't obligated to pay Phillips 66 additional funds until final judgments or settlements are inked to resolve three remaining states' claims over groundwater pollution linked to a gasoline additive....

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