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Prior Policies In Play In Olin Cleanup Suit, 2nd Circ. Says

By Jeff Sistrunk ( July 18, 2017, 7:05 PM EDT) -- The Second Circuit affirmed Tuesday that Olin Corp.'s excess policies with Lamorak Insurance Co. were triggered by the chemical producer's payments to clean up several contaminated sites, but found that the insurer may seek to reduce its liability by amounts paid under prior policies covering the same loss....

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