MEMORANDUM OF DECISION AND ORDER ON PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT
DEIN, United States Magistrate Judge.
I. INTRODUCTION
The plaintiff, Markel American Insurance Company ("Markel"), is in the business of writing and issuing policies of marine insurance. The defendant, Robert Madonna ("Mr.Madonna"), was the owner of a 2000 30 ft Crosby Hawk (the "vessel") which was destroyed as a result of a fire at the Crosby Yacht Yard in...
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