50 Exchange Terrace, LLC v. Mount Vernon Specialty Insurance Company

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF RHODE ISLAND ) 50 EXCHANGE TERRACE LLC, ) ) Plaintiff, ) ) v. ) C.A. No. 1:24-CV-00285-MSM-PAS ) MOUNT VERNON SPECIALTY ) INSURANCE COMPANY, ) ) Defendant. ) ORDER Mary S. McElroy, United States District Judge. This action arises out of a water loss at the plaintiff, 50 Exchange Terrace LLC’s, property located at 50 Exchange Terrace, Providence, Rhode Island. In short, the parties dispute the amount of loss and what the defendant insurer, Mount Vernon Specialty Insurance Company, owes under the insurance policy agreement between the parties. It…