Insurer Sues New York Marina Over Detained Boat

By Emily Enfinger (June 30, 2022, 8:15 PM EDT) — An insurer claims a Brooklyn, New York, marina spiked storage rates and refuses to release a boat that was stored on a prepaid contract until the difference is paid.

The Standard Fire Insurance Co., an affiliate of Travelers, filed a complaint in New York federal court against Moonbeam Gateway Marina on Thursday, alleging the marina violated a prepaid contract for storage by increasing the storage rate by about 16.5 times the contractual rate and refusing the boat’s release until payment is made.

The insurer, who claims ownership of the vessel, is requesting a declaratory judgment, saying it doesn’t owe the marina…

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