Insurers' $132.5M Clawback Denial Upheld In Calif. Rail Crash

By Ryan Boysen (April 20, 2018, 6:26 PM EDT) -- Lloyd's of London and other insurers can't claw back $132.5 million they spent settling claims after the deadly Chatsworth train accident, a California state appeals court has ruled, affirming a lower court's decision that found an exclusion didn't apply because the crash wasn't a strictly "intentional act."...

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