Giaccone v. Canopius U.S. Insurance

OPINION

SIMANDLE, Chief Judge:

I. INTRODUCTION

This insurance coverage litigation concerns Defendant Canopius U.S. Insurance Company’s (hereinafter, “Defendant”) re*670fusal to pay insurance benefits to Plaintiffs Antonio Giaccone and Rita Giaccone (hereinafter, “Plaintiffs”) for their claim that a January 31, 2013 storm severely damaged their commercial and rental property in Pleasantville, New Jersey. (See generally Compl. at ¶ 3.)

Defendant now moves at the outset of this action for summary judgment or for the dismissal of Plaintiffs’ Complaint on the ground that they contractually released…