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  5. 296 F.Supp.2d 629 (2004)
 

CARNEY FAM. INV. TRUST v. INSURANCE CO. OF N. AMERICA

No. CIV.CCB-03-1558.

296 F.Supp.2d 629 (2004)

THE CARNEY FAMILY INVESTMENT TRUST, John D. & Kathleen L. Carney, Trustees v. INSURANCE COMPANY OF NORTH AMERICA

United States District Court, D. Maryland.

January 6, 2004.

Attorney(s) appearing for the Case

Charles L. Simmons, Jr., David McIntosh Williams, Gorman and Williams PC, Baltimore, MD, for Plaintiff.

Stephen F. White, Wright, Constable and Skeen LLP, Baltimore, MD, for Defendant.

MEMORANDUM

BLAKE, District Judge.

On September 9, 2002, fire damaged a yacht owned by the plaintiff, Carney Family Investment Trust ("CFIT"), and insured with defendant Insurance Company of North America ("INA") for over $1.1 million in property damage. As of the date suit was filed, in May 2003, CFIT had rejected INA's settlement offer, and the yacht had not yet been repaired. CFIT, a Massachusetts trust, seeks in Count One a declaratory judgment...

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