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La. Court Axes Credit Union's $1.3M Theft Coverage Win

By Jeff Sistrunk (November 7, 2018, 8:28 PM EST) -- A Louisiana appeals court on Wednesday upended a lower court's ruling that Lloyd's of London underwriters must reimburse a credit union for more than $1.3 million it allegedly lost to thefts by an armored car carrier that serviced its ATMs, finding that affidavits submitted by the union did not conclusively establish that the loss is covered....

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