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7th Circ. Questions If AIG Can Ditch Covering Emmis Defense

By Celeste Bott ( May 30, 2019, 7:22 PM EDT) -- An AIG unit might have relied on too broad a reading of a "specific event" exclusion when it denied coverage to Emmis Communications Corp. after shareholders sued the radio broadcasting company following a failed go-private attempt, a Seventh Circuit judge said during oral arguments on Thursday. . . .

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