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Thursday, 13 September 2012 - 10:00
Michael Jackson insurance claim dropped
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Michael Jackson's former concert promoter AEG Live is withdrawing a 17.5 million dollar insurance claim over the singer's cancelled comeback gigs.

AEG had filed the claim against insurer Lloyd's of London for its concert-related losses in 2009.

However, the insurance company sought to nullify the policy, saying AEG made false claims about Jackson's health.

A lawyer for AEG said the company dropped the claim because it had been reimbursed by the singer's estate.

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