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HC2 CEO Phil Falcone Sues Whistleblower at Insurance Subsidiary

The former chairman of Continental Insurance was once the New York state superintendent of insurance.

Former hedge fund manager Phil Falcone’s insurance company is suing the whistleblower who precipitated a Texas regulator’s probe of the insurer. Continental Insurance Group filed the action against its former executive chairman James Corcoran, a former New York State Superintendent of Insurance whom Falcone had hired in 2015 to head up

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