Chubb Owes Bank No Coverage For $17M Fraud, 7th Circ. Says

By Raphael Pope-Sussman · April 5, 2013, 6:19 PM EDT

The Seventh Circuit ruled Friday that a Chubb Corp. unit does not have to defend a Bankmanagers Corp. unit in a suit over a $17.4 million fraud perpetrated by a former...

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