2nd Circ. Won't Revive Coverage Suit Over Madoff Scheme

By Pete Brush ( May 11, 2011, 7:26 PM EDT) -- The Second Circuit on Wednesday refused to let Associated Community Bancorp Inc. reopen a suit claiming Travelers Cos. unit St. Paul Mercury Insurance Co. improperly denied coverage for defense costs stemming from Bernard L. Madoff's Ponzi scheme. . . .

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