Petters, Insurers Settle Coverage Suit Over $3.7B Fraud
By Mike Cherney ( October 29, 2010, 1:12 PM EDT) -- An affiliate of insurer XL Group PLC has agreed to pay about $1 million to the receiver for the bankrupt companies of convicted Ponzi schemer Thomas J. Petters to settle a coverage dispute over litigation related to a $3.7 billion fraud....
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