Oct 10

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Blog Post: Racetrack Co. With Blago Ties Again Loses $21M Coverage Bid

by Anonymous

An Illinois federal judge on Tuesday reiterated that RSUI Indemnity Co. need not defend a bankrupt racetrack operator in a $21 million suit claiming it made money transfers to shareholders despite revelations of its role in a bribery case involving former Illinois Gov. Rod Blagojevich, saying a policy clause specifically excludes such claims.
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