In compliance with the "claims made" policy issued to it by plaintiff, defendant timely advised plaintiff of a "Circumstance that may reasonably be expected to give rise to a Claim against [it]" and of the particulars of the potential claim. "Circumstance" is defined as "an event reported during the Policy Year from which you reasonably expect a Claim may be made." In correspondence with plaintiff from 2004 to 2005, defendant identified specific problem areas, as well as...
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