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After Sandy, NY Insurers May Lose Favored Litigation Tool

By Bibeka Shrestha ( May 21, 2013, 8:43 PM EDT) -- A New York Democrat on Friday proposed outlawing policy language that insurers use to deny coverage for losses that stem from both insured and excluded causes, legislation inspired by Superstorm Sandy that would nix insurer-friendly precedent in New York and bring it in line with more catastrophe-prone states....

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