Crescent City Surgical Operating Company v. Certain Underwriters at Lloyds

CourtDistrict Court, E.D. Louisiana
DecidedJanuary 17, 2025
Docket2:22-cv-02625
StatusUnknown

This text of Crescent City Surgical Operating Company v. Certain Underwriters at Lloyds (Crescent City Surgical Operating Company v. Certain Underwriters at Lloyds) is published on Counsel Stack Legal Research, covering District Court, E.D. Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Crescent City Surgical Operating Company v. Certain Underwriters at Lloyds, (E.D. La. 2025).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF LOUISIANA CRESCENT CITY SURGICAL CIVIL ACTION OPERATING COMPANY VERSUS NO. 22-2625 CERTAIN UNDERWRITERS AT LLOYD’S, LONDON, ET AL SECTION L(1) ORDER & REASONS Pending before the Court is a Motion to Reconsider and Set Aside Orders Granting Motions to Compel Arbitration and Stay Proceedings filed by Plaintiff Crescent City Surgical Operating Company (“Crescent City”). R. Doc. 43. The Defendants, four insurance companies, oppose the motion. R. Doc. 48. Crescent City replied. R. Doc. 56. Considering the record, briefing, and

applicable law, the Court now rules as follows. I. BACKGROUND This case arises from alleged damage to Plaintiff Crescent City’s commercial property (the “Property”) during Hurricane Ida, which was insured at the time by a domestic insurer called Independent Specialty Insurance Company (“Independent Specialty”);1 another domestic insurer called Interstate Fire & Casualty Company (“Interstate Fire”);2 and two foreign insurers through the Lloyd’s of London insurance market (collectively, the “Insurers”). R. Doc. 1-2 at 2. Each of these insurers issued separate policies of insurance covering the Property, which are contained in a single document that was managed and executed by Velocity Risk Underwriters, LLC (the “VRU Policy”). R. Doc. 1-5 at 66. The VRU Policy provides that the two domestic insurers, Interstate

1 Independent Specialty is a U.S. insurance company with its principal place of business in Bedford, Texas. R. Doc. 1-5 at 7. 2 Interstate Fire is a U.S. insurance company with its principal place of business in Chicago, Illinois. Fire and Independent Specialty, were collectively responsible for 68% of the named business interruption coverage, while the two international corporate entities providing coverage vis-à-vis their membership in syndicates organized under the Lloyd’s insurance market were responsible for the remaining 32%.3 Id. at 65.

On June 28, 2022, Crescent City filed the instant lawsuit in state court against the domestic and international insurers as well as Velocity Risk Underwriters.4 R. Doc. 1-2. It alleges that as a result of Hurricane Ida, it suffered both property damage and a significant loss of business earnings/payroll expenses purportedly covered by the VRU Policy.5 Id. at 2. Crescent City avers that it provided satisfactory proof of loss to the Insurers after the storm, but they have continually failed to pay for the covered loss. Id. Accordingly, Crescent City asserts that the Insurers are liable for their (1) breach of insurance contract under Louisiana law, (2) failure to properly evaluate and timely adjust the claim, and (3) failure to pay business interruption costs. Id. at 3. The Insurers subsequently removed the matter to this Court on the basis of diversity jurisdiction. R. Doc. 1. After the case was removed, the Insurers filed an unopposed motion to compel arbitration pursuant

to the VRU Policy’s arbitration clause and requested a stay of the litigation. R. Doc. 9. This Court ultimately granted the motion on January 27, 2023 and stayed the matter pending the outcome of the mandated arbitration proceedings. R. Doc. 23.

3 The Court recognizes Lloyd’s of London is not an insurer per se. Rather, it is an international insurance market in London, England, that provides the infrastructure for entities, called names or members, to insure a portion of a risk instead of insuring the entire risk itself. See Underwriters at Lloyd’s, London v. Osting-Schwinn, 613 F.3d 1079 (11th Cir. 2010). These members subscribe to the risks through syndicates, which are administrative entities. Id. Here, only two members insured the policy through the Lloyd’s insurance market. R. Doc. 1 at 3. Nephila 2357 Ltd. is a private limited company incorporated under the laws of England and Wales that subscribed to the VRU Policy through Syndicate 2357. Id. RenaissanceRe Corporate Capital (UK) Limited is also a private limited company incorporated under the laws of England and Wales that subscribed to the VRU Policy through Syndicate 1458. Id. 4 The Insurers asserted in their Notice of Removal that Velocity Risk Underwriters is improperly joined in this suit because it is not considered an insurer under the VRU Policy. R. Doc. 1 at 10. However, Velocity has not yet been dismissed from the case. 5 Crescent City estimates that its loss of earnings totals $974,925.42 due to the closure of its business from August 30, 2021 to September 13, 2021. R. Doc. 1-1 at 2. In May of 2024, the Insurers filed another motion asking this Court to enforce the arbitration agreement and appoint an arbitrator and umpire as required under the arbitration agreement. R. Doc. 28-1 at 1. Crescent City opposed the motion. R. Doc. 29-1 at 2, 14. It argued the Insurers had deliberately delayed the arbitration in bad faith by refusing to agree to its proposed

arbitrator and umpires, and that such objections rendered the arbitration clause incapable of being performed. Id. at 3. As such, Crescent City asked this Court to deny the Insurers’ motion and lift the stay in the case. Id. at 21; R. Doc. 32. After hearing oral argument on the matter, the Court granted the Insurers’ motion and provided the parties with a detailed process and timeline to select the remaining members of the arbitration panel. R. Doc. 38. Since the issuance of this order on June 28, 2024, it appears the parties have successfully agreed upon Crescent City’s arbitrator and umpire selections and are in the midst of the arbitration process. R. Docs. 43-2, 48. Crescent City, however, recently requested and obtained a stay of the ongoing arbitration proceedings to file the present motion. R. Doc. 48. at 2. II. PRESENT MOTION

Crescent City now moves this Court to vacate its January 27, 2023 order compelling arbitration and staying the case, pursuant to Federal Rule of Civil Procedure 54(b). R. Doc. 43-2. It argues that the Louisiana Supreme Court’s recent ruling in Police Jury of Calcasieu Parish v. Indian Harbor Insurance Co. constitutes an intervening change in the law clarifying that arbitration clauses in a contract for surplus line insurance, such as the clause in the present case, are void under Louisiana Revised Statute § 22:868. Id. at 5. Accordingly, it contends that arbitration is no longer warranted at least against the domestic insurers, and that this action must properly proceed in this Court. Id. at 8. In support, Crescent City cites another section of this Court’s recent ruling in Jay VMK, LLC v. Independent Specialty Insurance Co., Inc. that expressly adopted Police Jury and declared an arbitration clause similar to the one in the VRU Policy ineffective as to the domestic insurers. Id. at 7-8. The Insurers oppose the motion on three separate grounds. R. Doc. 48. First, they argue that the arbitration provision contained in the VRU Policy remains enforceable under the

Convention on the Recognition and Enforcement of Foreign Arbitral Awards (the “Convention”), an international treaty that establishes uniform standards for enforcing foreign arbitration awards and agreements. Id. at 12-13, 15. Second, the Insurers contend that Crescent City is “estopped” from avoiding its agreement to arbitrate by litigating against the domestic insurance companies under federal common law. Id. at 15-18. Third, the Insurers assert that even if the applicable arbitration clause is deemed unenforceable, a stay of the entire case would still be warranted because “the liability of the insurers is inherently inseparable and based on the same operable facts.” Id. at 18-19.

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Crescent City Surgical Operating Company v. Certain Underwriters at Lloyds, Counsel Stack Legal Research, https://law.counselstack.com/opinion/crescent-city-surgical-operating-company-v-certain-underwriters-at-lloyds-laed-2025.