Racketeer Influenced and Corrupt Organizations (RICO) Act of 1970

A law providing for treble damages against those engaged in "a pattern of racketeering activity." At one time, a number of liability policies excluded coverage for suits alleging RICO Act violations against insureds. Now, however, this exclusion is much less common.

Links for IRMI Online Subscribers Only: PLI III.G, X.M, XIII.B

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