OPINION OF THE COURT
MASTERSON, District Judge.
This is an action for contractual damages brought by Pittsburgh Bridge & Iron Works (hereinafter referred to as "PBI") against Liberty Mutual Insurance Company (hereinafter referred to as "Liberty Mutual") for Liberty Mutual's failure to defend a property damage claim made against PBI.
In 1963, Colorado Fuel & Iron Corporation (hereinafter referred to as "Colorado") entered into a contract with...
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