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Life Insurance Co. Wants $524M Award OK'd

By Kelly Zegers (July 10, 2020, 4:45 PM EDT) -- Universal Life Insurance Co. is urging a New York federal court to enforce a $524 million arbitral award against a Bermuda insurance company following a dispute that arose after its controlling owner, who was convicted earlier this year of federal bribery charges, allegedly improperly drained assets from an underlying trust account....

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