GARWOOD, Circuit Judge:
In this insurance coverage dispute, defendant-appellant State Farm Mutual Automobile Insurance Company (State Farm) appeals the judgment of the district court holding it liable to plaintiff-appellee Dee Ann Pemberton (Dee), as assignee of Pemberton Oil, Inc., for unstated, but assertedly stipulated, damages on the basis that Pemberton Oil was a named insured in State Farm's insurance policy and did not release its claim against State Farm....
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