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Barclays and Deutsche Bank on Thursday won a fierce bidding war for a portfolio of toxic assets the US government acquired in the 2008 bailout of insurance giant AIG.

Federal Insurance Co., a unit of Chubb Corp., has filed a lawsuit against about 15 insurance companies over costs related to the defense of Deutsche Bank from claims filed after Sept. 11.

Allstate Corp. has filed another lawsuit related to mortgage-backed securities in an attempt to get back what the insurer thinks it is owed.

Deutsche Bank, Insurers Settle Dispute Over Fate Of BuildingMichael HaAs the legal wrangling between the World Trade Center's leaseholder and his insurers over the Twin ...