Legal Opinion
Carney Family Investment Trust v. Insurance Co. of North America
District Court, D. Maryland
Decided January 6, 2004No. CIV.CCB-03-1558PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM
BLAKE, District Judge.
On September 9, 2002, fire damaged a yacht owned by the plaintiff, Carney Family Investment Trust (“CFIT”), and insured with defendant Insurance Company of North America (“INA”) for over $1.1 million in property damage. As of the date suit was filed, in May 2003, CFIT had rejected INA’s settlement offer, and the yacht had not yet been repaired. CFIT, a Massachusetts trust, seeks in Count One a declaratory judgment as to INA’s breach of contract, and in Count Two actual damages, double or treble damages, and attorney’s fees, alleging unfair claims settlement…
2Cases cited13 opinions
- Wilburn Boat Co. v. Fireman's Fund InsuranceSupreme Court of the United States · 1955
- Advani Enterprises, Inc. v. Underwriters at Lloyds and Syndicate 735 at Lloyds of LondonCourt of Appeals for the Second Circuit · 1998
- Aqua-Marine Constructors, Inc. v. BanksCourt of Appeals for the Ninth Circuit · 1997
- New York Marine & General Insurance Company, Plaintiff-Appellee-Cross-Appellee-Cross-Appellant v. Tradeline (l.l.c.), Defendant-Appellee-Cross-Appellant-Cross-Appellee, Deepak Fertilisers and Petrochemicals Corp., Ltd., Defendant-Appellant-Cross-Appellee. Tradeline (l.l.c.), Third-Party-Plaintiff-Appellee-Cross-Appellant v. Mutual Marine Office, Inc., Third-Party-Defendant-Appellee-Cross-Appellee. New York Marine & General Insurance Company, Second-Third-Party-Plaintiff-Appellee v. Frenkel & Co., Inc., Second-Third-Party-Defendant-AppelleeCourt of Appeals for the Second Circuit · 2001
- Elsie Y. Byrd v. William E. ByrdCourt of Appeals for the Fourth Circuit · 1981
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3Cited by2 opinions
- GEICO Marine Insurance Company v. CarnesDistrict Court, D. Maryland · 2021
- In re: Fragrance End-User Plaintiff Antitrust LitigationDistrict Court, D. New Jersey · 2026