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A little bit of dripping water is a 'leak.' But can the volume ever be too much for the drip to be something other than a leak for purposes of an exclusion in a homeowners policy?
N.Y. judge rules the losses a company suffered when an imposter tricked its accounts payable department into wiring money are covered by computer fraud provisions in its insurance policy.
As Allianz SE CEO Oliver Baete slims down the insurer to cut costs, rising second-quarter profit helped by lower natural disaster-claims, rewarded his strategy.
Alliant Insurance Services Inc. lost its bid to buy Wells Fargo & Co.s insurance business but sought to steal its rivals employees anyway, according to a lawsuit filed Thursday in Delaware.
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