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Insurer Owes $18M For Lost Wind Farm Deals, Suit Says

By Julie Manganis ( August 13, 2024, 1:33 PM EDT) -- Belgium-based insurer QBE Europe SA/NV should be held liable for more than $18 million in losses suffered by former partners in a now-scuttled joint venture with a Danish company to build vessels for the wind farm industry, as it failed to make a good faith effort to resolve the dispute, a lawsuit filed Monday in Massachusetts federal court contends. . . .

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