MEMORANDUM AND ORDER
DORA L. IRIZARRY, District Judge:
Plaintiff Tropic Pollo I Corp., d/b/a Tropic Pollo Restaurant, filed this action against defendant National Specialty Insurance Company, Inc. ("NSIC" or "Defendant") on March 9, 2009. The parties cross-moved for summary judgment pursuant to Fed.R.Civ.P. 56 on June 25, 2010. For the reasons set forth below, defendant's motion is granted and plaintiff's motion is denied.
BACKGROUND
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