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Maurice 'Hank' Greenberg admitted to participating and approving two fraudulent reinsurance deals as part of a settlement over a decade-old fraud lawsuit
According to Massachusetts law, an award of bad faith against insurers allows for treble damages, but it's not clear how those damages should be calculate. See what the Massachusetts top court said.
Rain is a relatively straightforward weather event, varying in amount and force. Snow, however, has different aspects when it accumulates in various mountain areas with wind and other factors affecting how it lies.
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