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	<title>Hedge Fund News From HedgeCo.Net &#187; ironshore inc</title>
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		<title>Madoff May Cost Insurers $1 Billion to Cover Funds</title>
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		<description><![CDATA[Bloomberg &#8211; Bernard Madoff&#8217;s alleged Ponzi scheme may cost insurers who cover financial institutions more than $1 billion as they pay legal costs for investment managers who gave client money to Madoff, an industry executive said. Insurers who sell such coverage never expected, or charged their clients, for the possibility of investor losses in such [...]]]></description>
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