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Top UK Court Frees Insurers From £20M Cocaine-Ship Claim

By Richard Crump (May 22, 2018, 3:03 PM BST) -- The U.K. Supreme Court ruled on Tuesday that a group of insurers can escape a £20 million ($27 million) claim over the loss of a ship used in an unsuccessful attempt to smuggle cocaine from Venezuela, finding that the smugglers did not act maliciously under the terms of the ship owner's insurance policy....

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