M. Dematteo Construction Co. v. Century Indemnity Co.

MEMORANDUM

YOUNG, Chief Judge.

I. Introduction

The plaintiffs, the joint venture of M. DeMatteo Construction Co. and Flatiron Structures Co., LLC (“DeMatteo”), have brought this action against the defendants, The Insurance Company of North America (“North America”), 1 The Home Insurance Company (“Home”), The Hartford Fire Insurance Co. (“Hartford”), and Lumber-mans Mutual Casualty Co. (“Lumber-mans”) (collectively the “Insurers”), alleging that the Insurers failed to pay a claim for an insured loss of $927,968.90 pursuant to a builder’s risk insurance policy, under which DeMatteo was an…