Accelerant Specialty Insurance Company v. SV Gratitude LLC

CourtDistrict Court, S.D. Florida
DecidedFebruary 10, 2025
Docket0:24-cv-61189
StatusUnknown

This text of Accelerant Specialty Insurance Company v. SV Gratitude LLC (Accelerant Specialty Insurance Company v. SV Gratitude LLC) is published on Counsel Stack Legal Research, covering District Court, S.D. Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Accelerant Specialty Insurance Company v. SV Gratitude LLC, (S.D. Fla. 2025).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF FLORIDA

CASE NO. 24-61189-CIV-SINGHAL/STRAUSS

ACCELERANT SPECIALITY INSURANCE COMPANY,

Plaintff,

v.

SV GRATITUDE LLC,

Defendant. ___________________________/

ORDER ADOPTING MAGISTRATE JUDGE’S REPORT

THIS CAUSE is before the Court on Plaintiff’s Motion to Dismiss Counterclaim (“Motion”) (DE [14]). The Motion was referred to Magistrate Judge Jared M. Strauss for a Report and Recommendation on October 28, 2024 (DE [20]). In the Motion, Plaintiff/Counter-Defendant (“Accelerant”) moved to dismiss to Defendant/Counter- Plaintiff’s (“SV Gratitude”) Counterclaim. The magistrate judge issued a Report and Recommendation on December 16, 2024, recommending that the Motion be granted in part and denied in part (DE [27]). Judge Strauss recommends that this Court reject Accelerant’s contention that the Counterclaim constitutes a “shotgun” pleading. (DE [27], p. 5). Further, he recommends that this Court deny the Motion as it relates to Count I but dismiss Count II. (DE [27], p. 14). Accelerant filed its Partial Objection to Report and Recommendation on Motion to Dismiss Counterclaim on January 13, 2025 (DE [30]). I. BACKGROUND There is no need to rework the facts, background, and applicable legal standards that were articulated by Judge Strauss. This Court adopts Judge Strauss’s description of the factual and procedural background and the applicable legal standards in the Report and Recommendation (DE [27]) and incorporates that background by reference herein. In the Motion, Accelerant moved to dismiss the Counterclaim on three grounds. First, Accelerant argues that the entire counterclaim is a shotgun pleading and should be

dismissed accordingly. (DE [14], p. 2.) Second, Accelerant contends that in its “Breach of Contract and Bad Faith” (“Count I”) claim, SV Gratitude fails to state a claim upon which relief can be granted because New York State law does not recognize a claim for a bad faith denial of insurance coverage.1 Id. Third, Accelerant argues that SV Gratitude’s “Fraud” (“Count II”) claim should be dismissed because it is duplicative and does not comply with the heightened pleadings standard for fraud set forth in Federal Rule of Civil Procedure 9(b). Id. In its objection, Accelerant accepts Judge Strauss’s view that the Counterclaim is not a “shotgun pleading” and that Count II of SV Gratitude’s Counterclaim should be dismissed. (DE [30], p. 2). Accelerant only objects to Judge Strauss’s recommendation

that this Court deny its Motion as to Count I of the Counterclaim, and it reiterates its argument that SV Gratitude cannot assert a claim for bad faith denial of insurance coverage. (DE [30], p. 2). This Court will review these arguments in turn. II. STANDARDS OF REVIEW A. Review of a Magistrate Judge’s Report and Recommendation When a party objects to a magistrate judge's findings, the district court must “make a de novo determination of those portions of the report ... to which objection is made.” 28 U.S.C. § 636(b)(1). The district court “may accept, reject, or modify, in whole or in part,

1 Both parties agree that New York State law applies. (DE [14], p. 2.); (DE [16], p. 5). the findings or recommendations made by the magistrate judge.” Id. The district court must consider the record and factual issues independent of the magistrate judge's report, as de novo review is essential to the constitutionality of § 636. Jeffrey S. v. State Bd. of Educ., 896 F.2d 507, 513 (11th Cir. 1990).

B. Motion to Dismiss At the pleading stage, a complaint must contain “a short and plain statement of the claim showing the [plaintiff] is entitled to relief.” Fed. R. Civ. P. 8(a). Although Rule 8(a) does not require “detailed factual allegations,” it does require “more than labels and conclusions . . . a formulaic recitation of the cause of action will not do.” Bell Atl. Corp. v. Twombly, 550 U.S. 544, 555 (2007). To survive a motion to dismiss, “factual allegations must be enough to raise a right to relief above the speculative level” and must be sufficient “to state a claim for relief that is plausible on its face.” Id. at 555. “A claim has facial plausibility when the plaintiff pleads factual content that allows the court to draw the reasonable inference that the defendant is liable for the misconduct alleged.” Ashcroft v.

Iqbal, 556 U.S. 662, 678 (2009). In considering a Rule 12(b)(6) motion to dismiss, the court’s review is generally “limited to the four corners of the complaint.” Wilchombe v. TeeVee Toons, Inc., 555 F.3d 949, 959 (11th Cir. 2009) (quoting St. George v. Pinellas Cty., 285 F.3d 1334, 1337 (11th Cir. 2002)). Courts must review the complaint in the light most favorable to the plaintiff, and must generally accept the plaintiff’s well-pleaded facts as true. Hishon v. King & Spalding, 467 U.S. 69, 73 (1984); Am. United Life Ins. Co. v. Martinez, 480 F.3d 1043, 1057 (11th Cir. 2007). However, pleadings that “are no more than conclusions are not entitled to the assumption of truth. While legal conclusions can provide the framework of a complaint, they must be supported by factual allegations.” Iqbal, 556 U.S. at 679. III. DISCUSSION In its Counterclaim, SV Gratitude states that

as a direct, proximate and consequential result of [Accelerant’s] breach of contract and bad faith, Defendant has suffered damages including the cost of repairs and/or total loss value of the vessel if not repairable, storage fees, dock fees, haul out fees, survey and inspection fees and costs, fees associated with transporting the vessel, and in addition seeks prejudgment interest, attorney’s fees, bad faith penalties, and any other damages allowable by law.

(DE [8], ¶ 21). “Consequential damages resulting from a breach of the covenant of good faith and fair dealing may be asserted in an insurance contract context, so long as the damages were ‘within the contemplation of the parties as the probable result of a breach at the time of or prior to contracting.’” See Panasia Ests., Inc. v. Hudson Ins. Co., 886 N.E.2d 135, 137 (N.Y. 2008)) (quoting Bi-Econ. Mkt., Inc. v. Harleysville Ins. Co. of N.Y., 886 N.E.2d 127, 130 (N.Y. 2008)). The Report finds that “while it is true SV Gratitude cannot assert a claim for bad faith denial of insurance coverage separate and apart from its breach of contract claim, it is also true that an insured may seek consequential damages for an insurer’s bad faith denial of coverage if such damages were reasonably contemplated at the time of contracting.” (DE [27], p. 8); see Bi-Econ. Mkt., 886, N.E.2d at 130 (allowing a party to collect consequential damages against an insurance company that denied coverage in bad faith). Accelerant argues that Bi-Economy is not applicable to the instant case and that this Court should interpret Bi-Economy “narrowly.” (DE [30], p. 4-5).

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Related

Theresa St. George v. Pinellas County
285 F.3d 1334 (Eleventh Circuit, 2002)
American United Life Insurance v. Martinez
480 F.3d 1043 (Eleventh Circuit, 2007)
Wilchombe v. TeeVee Toons, Inc.
555 F.3d 949 (Eleventh Circuit, 2009)
Williams v. McNeil
557 F.3d 1287 (Eleventh Circuit, 2009)
Hishon v. King & Spalding
467 U.S. 69 (Supreme Court, 1984)
Bell Atlantic Corp. v. Twombly
550 U.S. 544 (Supreme Court, 2007)
Ashcroft v. Iqbal
556 U.S. 662 (Supreme Court, 2009)
Bi-Economy Market, Inc. v. Harleysville Insurance
886 N.E.2d 127 (New York Court of Appeals, 2008)
Panasia Estates, Inc. v. Hudson Insurance
886 N.E.2d 135 (New York Court of Appeals, 2008)

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Accelerant Specialty Insurance Company v. SV Gratitude LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/accelerant-specialty-insurance-company-v-sv-gratitude-llc-flsd-2025.