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Pinnacle settles with 2 insurers over storm damage
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Forbes.com
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May 13, 2008
Casino owner Pinnacle Entertainment Inc. has settled a lawsuit with two insurance companies over Hurricane Katrina damage. Allianz (nyse: AZ - news - people ) Global Risks U.S. Insurance Co. agreed to pay $48 million on top of $5 million it already paid to Pinnacle to satisfy a $50 million policy, a...
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