Lamorak Tells 2nd Circ. Policy Must Be Read As Written

By William Gorta (January 12, 2017, 6:54 PM EST) -- Lamorak Insurance Co. told the Second Circuit Thursday that a New York district court judge "rewrote" its contract with Olin Corp., saying the plain language of the policy dictates that the chemical producer must collect on earlier policies with other insurers before Lamorak has to pay out for the cleanup of contaminated sites....

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