MEMORANDUM OPINION
DAVID V. O'BRIEN, District Judge.
The issue presented in this motion for summary judgment is whether an insurer is relieved of its duty to indemnify when its insured settles a lawsuit over the carrier's objection. We hold that under the circumstances of this case, the insurer is relieved.
I. FACTS
The plaintiffs, ("Do-It Fluid"), two related corporations and their employees, operated a dive shop on St. Croix. The defendant...
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