CLARK, Circuit Judge:
This appeal arises from a dispute between three insurance companies as to their respective liability for a settlement agreement entered into by their insured, Towne Realty, Inc. ("Towne"), and an injured third party. Towne brought a diversity action against the three insurers — Safeco Insurance Co. of America ("Safeco"), Commercial Union Insurance Co. ("Commercial Union"), and Lexington Insurance Co. ("Lexington") — to resolve the...
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