Markel American Ins. Co. v. Pajam Fishing Corp.

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”), provided an “all risk” marine insurance policy to the defendant, Pajam Fishing Corporation (“Pa-jam”), which insured the fishing vessel “MISS SONYA” for “accidental, direct, physical loss or damages ... from an external cause or from a Latent Defect” in the vessel’s hull or machinery. The Miss Sonya sank on March 25, 2008 off the shore of Gloucester, Massachusetts, and cannot be examined. Markel has brought…