ALVIN B. RUBIN, Circuit Judge:
Once more we must teach the lesson that an insurance policy should be written in plain, unambiguous, and understandable language. Applying the usual state law rule that ambiguous insurance policies are construed against the insurer, in this diversity case we affirm a judgment refusing to give effect to an exclusion whose words, read literally, are meaningless.
I.
On July 4, 1983, a cable snapped on a shiploader at the...
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