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1st Circ. Says Insurer Needn't Defend Yacht Co. In Defect Suit

By Jeff Sistrunk (December 2, 2014, 7:20 PM EST) -- The First Circuit ruled Tuesday that Northern Assurance Co. of America doesn't have to defend a boat builder or its owner in arbitration over alleged defects in a luxury yacht manufactured by the company, saying the "your product" exclusion in their commercial general liability policy precludes coverage for both insureds....

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