( July 28, 2026, 2:37 PM EDT) -- ORLANDO, Fla. — A Florida federal magistrate judge on July 27 issued a report and recommendation advising that the court should grant insurers’ motion for default judgment in their suit against a yacht owner and a loss payee seeking a declaration that a marine insurance policy is void from inception, finding that the insurers are “entitled to a declaration” that the policy is void ab initio because the owner failed to abide by policy requirements....