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Jason owns a beach house insured for $5M with three insurers. Insurer A writes limits of $2.5M. Insurer B covers $1.5M and Insurer C writes

Jason owns a beach house insured for $5M with three insurers. Insurer A writes limits of $2.5M. Insurer B covers $1.5M and Insurer C writes the remaining $1M, He incurs a covered loss of $1.25M. How much will insurer B pay for this loss, assuming no deductible.

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