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Pennsylvania supreme court upholds Legion decision

Pennsylvania's Supreme Court has upheld a 2003 lower court finding that four policyholders of defunct insurer Legion Insurance can obtain direct payment of their claims from Legion's reinsurers.

In the 2003 ruling, a Commonwealth Court of Pennsylvania judge agreed with policyholders that reinsurance contracts had been negotiated between the policyholders and the reinsurers and that Legion and

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