OPINION AND ORDER
WILLIAM C. CONNER, District Judge.
Plaintiff Marlada Compania Naviera S. S. ("Marlada") owned the Rio Mar, a bulk carrier. In March 1983, defendants issued an insurance policy to plaintiff for the Rio Mar which, among other things, provided coverage for loss caused by fire. On November 20, 1983, while the insurance policy was in effect, there was a severe fire on board the vessel which caused its destruction. Plaintiffs have brought this...
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