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Several Standard Pacific Excess Insurers Exit Coverage Row

By Ciaran McEvoy ( February 1, 2013, 5:30 PM EST) -- A California judge on Friday allowed several excess insurers off the hook in Standard Pacific Corp. 's coverage suit, finding that the home builder had failed to exhaust its underlying insurance policies after incurring more than $100 million in losses related to faulty condominium construction. . . .

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