F.O.A.N. Properties, LLC v. Owners Insurance Company

CourtDistrict Court, N.D. Illinois
DecidedSeptember 9, 2025
Docket1:23-cv-00191
StatusUnknown

This text of F.O.A.N. Properties, LLC v. Owners Insurance Company (F.O.A.N. Properties, LLC v. Owners Insurance Company) is published on Counsel Stack Legal Research, covering District Court, N.D. Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
F.O.A.N. Properties, LLC v. Owners Insurance Company, (N.D. Ill. 2025).

Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION

F.O.A.N. PROPERTIES, LLC, ) ) Plaintiff, ) ) No. 23-cv-191 v. ) ) Judge April M. Perry OWNERS INSURANCE COMPANY, ) ) Defendant. )

OPINION AND ORDER This is an insurance coverage dispute between F.O.A.N. Properties, LLC (“Plaintiff”) and Owners Insurance Company (“Defendant”). The complaint alleges claims of breach of contract (Count I), violation of the Illinois Consumer Fraud and Deceptive Business Practices Act, 815 ILCS 505/2 (Count II), and bad faith in violation of 215 ILCS 5/155 (Count III). Defendant now moves for summary judgment. Doc. 69. For the following reasons, Defendant’s motion for summary judgment is granted. BACKGROUND On April 7, 2020, a hailstorm damaged the properties at 4020 and 4030 Oakton Street in Skokie, Illinois (the “Properties”). Doc. 82 ¶¶ 2, 24. At the time of the hailstorm, the Properties were owned by Ira Kirsche (“Mr. Kirsche”), d/b/a Silk Limited Partnership (“Silk Limited”), and occupied by a grocery store operated by Food of All Nations, LLC, d/b/a Sarah’s Tent (“Sarah’s Tent”). Id. ¶¶ 1, 6. Prior to the hailstorm, Sarah’s Tent had purchased the grocery store and rented the space for the grocery store from Mr. Kirsche. Doc. 82 ¶ 6; Doc. 95 ¶ 2. The grocery store sale included an “Assignment and Assumption of Contracts,” in which contracts with Constellation New Energy, Inc. and Prospect Resources, Inc. were assigned to Sarah’s Tent. Doc. 82 ¶¶ 50-51. Sarah’s Tent also received from Mr. Kirsche an option to purchase the Properties. Id. ¶ 16. Finally, as part of its lease, Sarah’s Tent agreed to maintain fire and casualty insurance on the Properties. Doc. 83-2 at 46. Sarah’s Tent agreed that any loss payments under that insurance policy would be payable to Mr. Kirsche, and Mr. Kirsche agreed that he would then pay Sarah’s

Tent to restore the Properties. Id. The insurance policy ultimately obtained for the Properties (the “Policy”) was issued by Defendant and named Mr. Kirsche as the insured. Doc. 82 ¶ 1. Sarah’s Tent paid the Policy premiums. Id. ¶ 9. Thus, at the time of the hailstorm, Plaintiff was not a named insured under the Policy, was not the owner of the properties, and was not a tenant at the properties. Id. ¶ 15. Plaintiff purchased the Properties on September 2, 2021 – approximately seventeen months after the hailstorm. Id. ¶ 22. Mr. Kirsche and the general manager of Sarah’s Tent both testified that at the time of the purchase, Mr. Kirsche assigned to Plaintiff all his rights under the Policy.1 Doc. 83-2 at 79, 126. On May 5, 2023, Plaintiff and Mr. Kirsche executed a

“Retroactive Assignment” of rights under the Policy, purporting to memorialize this September 2021 agreement. Doc. 71-10. On November 4, 2021, Silk Limited and T&T Public Adjusters, Inc. (the “PA”) entered into a Public Adjustor Contract to determine the amount of damage caused by the hailstorm. Doc. 71-7. Plaintiff asserts that, although the contract listed Silk Limited as the contracting party,

1 Sarah’s Tent and Plaintiff have many of the same owners and were treated as “affiliates” by those owners. Doc. 91 ¶ 1. For example, the Sarah’s Tent general manager also testified as Plaintiff’s representative for this lawsuit, despite the fact that she was never employed by Plaintiff. Doc. 83-2 at 99. However, it appears that neither possesses an ownership interest in the other, and therefore the Court treats them as the separate legal entities that they are. it was actually Plaintiff’s representative who contracted with the PA on behalf of Plaintiff. Doc. 82 ¶ 24. On November 5, 2021, Plaintiff filed a claim of loss under the Policy for the hailstorm damage from April 7, 2020. Id. ¶ 19. The Properties were inspected on November 10 and both parties had a representative present during the inspection. Id. ¶ 32. On November 15, Defendant

issued an estimate of the loss of $35,058.95 actual cash value (“ACV”) and $42,302.25 replacement cash value (“RCV”) and mailed the payment to Mr. Kirsche. Id. ¶ 33. Enclosed with the check was a letter stating that “we believe that the enclosed repair estimate is an acceptable amount to repair or replace your covered damaged property … If there are any cost differences or newly discovered covered damage not included in the enclosed repair estimate, immediately report that information to the claims office.” Doc. 71-1 at 173. The letter further stated that “[a]ll rights, terms, conditions, and exclusions in the Policy are in full force and effect and are completely reserved.” Id. Sarah’s Tent ultimately received the insurance payment from Mr. Kirsche. Doc. 82 ¶ 35.

Believing that Defendant owed more under the Policy, the PA issued to Defendant an estimate of $192,278.16 RCV on January 18, 2022. Id. ¶¶ 36-37. A component of this estimate was damage to the HVAC units at the Properties. Id. ¶ 38. Defendant retained an investigator to inspect the HVAC units. Id. ¶ 40. On February 14 or 15, the PA demanded an appraisal. Id. ¶ 45. Defendant responded on February 21, asking “why is appraisal being demanded prior to … inspection of the AC units? At this point, it seems like demanding appraisal is premature as we don’t know what the extent of the damages may be.” Doc. 71-1 at 185. The PA replied “[a]s for the appraisal; we agree we can wait till we know the extent of damages after the inspection of the HVAC units.” Id. Defendant received its investigator’s inspection report on March 29 and issued an estimate of $82,802.79 ACV and $125,372.27 RCV on April 5. Doc. 82 ¶ 53. Defendant issued a second check to Mr. Kirsche on April 6 based upon the second estimate. Doc. 71 ¶ 54. Plaintiff claims that the check was sent through the mail, and that the PA was not aware of the estimate until April 11. Doc. 82 ¶ 54.

On April 27, 2022, appraisal was raised again by the PA. Id. ¶ 66. A week and a half later, the PA sent Defendant an estimate totaling $862,562.55. Id. ¶¶ 68-69. On May 25, Defendant denied the appraisal due to expiration of the two-year suit limitations clause in the Policy. Id. ¶ 72. Plaintiff filed suit on November 29, 2022, and Defendant removed the case to federal court. Doc. 1. LEGAL STANDARD Summary judgment is proper when the movant shows that there is no genuine dispute of material fact such that the movant is entitled to judgment as a matter of law. FED. R. CIV. P.

56(a). “A genuine dispute of material fact exists if ‘the evidence is such that a reasonable jury could return a verdict for the nonmoving party.’” Skiba v. Ill. Cent. R.R. Co., 884 F.3d 708, 717 (7th Cir. 2018) (quoting Anderson v. Liberty Lobby, Inc., 477 U.S. 242, 248 (1986)). The moving party bears the initial burden of demonstrating the absence of a genuine issue of material fact; if they meet that burden, the party that bears the burden of proof must present facts showing there is a genuine issue for trial. See Celotex Corp. v. Catrett, 477 U.S. 317, 323 (1986); LaRiviere v. Bd. of Trs., 926 F.3d 356, 359 (7th Cir. 2019). To avoid summary judgment, the nonmovant must show more than metaphysical doubt as to the material facts. See Matsushita Elec. Indus. Co. v. Zenith Radio Corp., 475 U.S. 574, 586 (1986). While the court must construe the facts in the light most favorable to the nonmovant and draw all reasonable inferences in their favor, this obligation does not extend to drawing inferences that are supported by only speculation or conjecture. See Swetlik v.

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F.O.A.N. Properties, LLC v. Owners Insurance Company, Counsel Stack Legal Research, https://law.counselstack.com/opinion/foan-properties-llc-v-owners-insurance-company-ilnd-2025.