Insurance Co. of North America v. Snyder Moving & Storage Inc.

MEMORANDUM **

Defendant G.F. Snyder Transfer and Storage filed an insurance claim for property damage caused by a series of warehouse floods. Plaintiffs Insurance Company of North America (INA) and UNIRISC, Inc., foreign corporations, brought this diversity action seeking a declaration that Snyder’s warehouse policies do not provide coverage for the claim. Snyder Transfer filed a counterclaim seeking a declaration that coverage exists. Snyder Transfer timely appeals the district court’s grant of summary judgment in favor of the insurers on both claims and the court’s denial of its motion for reconsideration. 1 This Court has jurisdiction pursuant to 28 U.S.C. § 1291 and 28 U.S.C. § 1332 . We affirm.

*901 i.

In 1971, Gill Snyder built a warehouse for use by a family-owned corporation, Snyder Moving and Storage, Inc. (Snyder Moving). Snyder Moving was a local agent for Allied Van Lines, a corporation providing moving and storage services primarily for household goods. In March of 1988, Robert S. Rock purchased all of the stock of Snyder Moving, and assumed operation of the warehouse. Gill Snyder retained ownership of the warehouse and leased the property to Rock. Snyder Moving…