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Insurer Loses Bid To Ax Coverage Of $1.35M Wire Loss Fight

By Ganesh Setty ( September 29, 2025, 9:54 PM EDT) -- An Arizona federal court on Monday tossed an insurer's action seeking to avoid covering a brokerage firm in an underlying state court suit alleging it caused an audio company's buyer to lose $1.35 million through an incorrect wire transaction, finding both cases turn on the same factual issues....

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