RMB Real Estate Investments 2 v. Cal. Capital Ins. Co. CA1/1

CourtCalifornia Court of Appeal
DecidedJuly 13, 2026
DocketA170466
StatusUnpublished

This text of RMB Real Estate Investments 2 v. Cal. Capital Ins. Co. CA1/1 (RMB Real Estate Investments 2 v. Cal. Capital Ins. Co. CA1/1) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
RMB Real Estate Investments 2 v. Cal. Capital Ins. Co. CA1/1, (Cal. Ct. App. 2026).

Opinion

Filed 7/13/26 RMB Real Estate Investments 2 v. Cal. Capital Ins. Co. CA1/1 NOT TO BE PUBLISHED IN OFFICIAL REPORTS California Rules of Court, rule 8.1115(a), prohibits courts and parties from citing or relying on opinions not certified for publication or ordered published, except as specified by rule 8.1115(b). This opinion has not been certified for publication or ordered published for purposes of rule 8.1115.

IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA

FIRST APPELLATE DISTRICT

DIVISION ONE

RMB REAL ESTATE INVESTMENTS 2, LLC, Plaintiff and Respondent, A170466

v. (Sonoma County CALIFORNIA CAPITAL Super. Ct. No. SCV267840) INSURANCE COMPANY, Defendant and Appellant.

After the 2017 Tubbs fire destroyed a Santa Rosa apartment complex owned by respondent RMB Real Estate Investments 2, LLC, RMB submitted claims to its insurer, appellant California Capital Insurance Company (CCIC). CCIC agreed to cover losses incurred in the first two years following the fire, but it denied coverage for certain lost “business income” incurred after that two-year period. RMB sued, and a jury awarded it the amount it claimed it was owed under the policy, along with attorney fees, prejudgment interest, and punitive damages. CCIC argues on appeal that the trial court misinterpreted the terms of the policy, that various aspects of the verdict are not supported by substantial evidence, and that the award of punitive damages must be reversed. We reduce the award of punitive damages, but we otherwise reject CCIC’s arguments and affirm. I. FACTUAL AND PROCEDURAL BACKGROUND Brandon Broll is a professional apartment investor who owns a corporation that manages RMB. RMB was formed in 2012 to purchase a 72- unit apartment complex in Santa Rosa. The complex was built in 1970 and, although some of its features were grandfathered into existing law, the property was not in compliance with modern building codes. Broll secured insurance for the complex through CCIC. The policy version at issue became effective on November 7, 2016. The policy spans nearly 90 pages, and the parties agree it covered loss for fire damage. After the complex was destroyed by the Tubbs fire, CCIC reimbursed RMB’s claims for the first two years, and RMB accepted that the amount paid was sufficient. Their dispute centers on whether certain costs incurred after the two-year period were covered by two different provisions in the policy that covered lost “Business Income.” One of these provisions covered claims under an “increased period of restoration” clause, and the other covered claims under an “extended business income” clause. As to the “increased period of restoration” clause, CCIC contends that it afforded no coverage whatsoever beyond the two-year period. As to the “extended business income” clause that became effective after RMB resumed operations, CCIC agrees that it owed some, but not all, of what RMB sought. The length of the policy, and the ways in which it cross-references and amends definitions relevant to these clauses, prevent a simple, concise summary. Section A of the policy, titled “Coverage,” states that CCIC will pay for direct physical loss or damage to the property, and it then defines what this coverage does (and does not) include. Section A.5. of the policy (“Additional Coverages”) lists various expenses the policy covers in the event of a covered loss. One such expense is “Business Income” (section A.5.f.). The “Business Income” section in the main policy has two subparts (before the enhanced coverage described below). The parties have no disputes about the first subpart (section A.5.f.(1)). It defines business income to include: (1) “Net Income (Net Profit or Loss before income taxes) that would have been earned or incurred if no physical loss or damage had occurred, but not including any Net Income that would likely have been earned as a result of an increase in the volume of business due to favorable business conditions caused by the impact of the Covered Cause of Loss on customers or on other businesses” and (2) “[c]ontinuing normal operating expenses incurred, including payroll.” The section also provides, “We will pay for the actual loss of Business Income you sustain due to the necessary suspension of your ‘operations’ during the ‘period of restoration.’ The suspension must be caused by direct physical loss of or damage to the property at the described premises. The loss or damage must be caused by or result from a Covered Cause of Loss.” The section also includes a time limitation: “We will only pay for loss of Business Income that you sustain during the ‘period of restoration’[1] and that occurs within 12 consecutive months after the date of direct physical loss or damage” (a time period that is expanded in the enhanced coverage discussed below). The parties’ first dispute involves the second subpart (section A.5.f.(2)), titled “Extended Business Income.” This section provides coverage for the

1 “Period of restoration” is defined elsewhere in the policy as beginning

72 hours after the loss and ending on the date when the property should have been repaired. period after operations resume but there is still ongoing loss of business income. It states that CCIC “will pay for the actual loss of Business Income” incurred starting when operations resume and ending 180 days after operations are resumed. Thus, this provision provided coverage untethered to the two-year period, as it covered claims for six months starting with the resumption of operations. A section titled “CIG PROPERTY PLUS” that provides enhanced coverage appears around 40 pages later in the policy. This enhanced coverage both amends and adds to the “Business Income” section. It increases the time limit in section A.5.f.(1) (regarding lost business income during suspended operations) from 12 months to “24 consecutive months after the date of direct physical loss or damage.” Three subparts are added to the “Business Income” section, and the parties’ second dispute is about one of them: A.5.f.(3) “Increased Period of Restoration.” This clause provides in full, “The limit of insurance that applies to coverage under this endorsement includes any loss arising from any increased period required to repair or reconstruct the property to comply with the minimum standards of any ordinance or law, in force at the time of the loss, that regulates the construction or repair, or requires the tearing down of any property.” With those policy provisions in mind, we return to the history of this case. The apartment complex was completely destroyed by the Tubbs Fire in October 2017. Even the foundation could not be used again since testing revealed it was unusable. Broll met with an architect around a week after the fire to discuss rebuilding. He first thought he would rebuild the same number of units (72), on the same footprint, similar to what was on the property before the fire. But the architect told Broll he would need to consider a different plan in order to comply with new ordinances and laws. Broll met with a Sonoma County supervisor, who told Broll he wanted to help bring housing back as soon as possible. The county asked Broll to add additional units, and by the end of November 2017 RMB submitted a site plan with 96 apartment units. The county in March 2018 (within five months of the fire) approved RMB’s plan with several mandatory conditions of approval to comply with modern construction requirements. For example, the county required RMB to make public improvements to the area surrounding the apartment complex by adding sidewalks, curbs, gutters, a bike lane, a bus stop, and streetlights. The county required that these improvements be made before any units could be occupied.

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RMB Real Estate Investments 2 v. Cal. Capital Ins. Co. CA1/1, Counsel Stack Legal Research, https://law.counselstack.com/opinion/rmb-real-estate-investments-2-v-cal-capital-ins-co-ca11-calctapp-2026.