S&B Ventures, LLC v. Blackboard Insurance Company

District Court, W.D. Missouri·Decided June 14, 2022·No. 4:21-cv-00791·Unknown

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE WESTERN DISTRICT OF MISSOURI WESTERN DIVISION S&B VENTURES, LLC ) ) and ) ) BRAIN DEV 2, LLC, ) Case No. 4:21-cv-00791-RK Plaintiffs, ) ) v. ) ) BLACKBOARD INSURANCE COMPANY, ) Defendant. ) ORDER Before the Court is S&B Ventures, LLC’s and Brain Dev 2, LLC’s (collectively, “Plaintiffs”) motion for default judgment. (Doc. 6.) This is an insurance coverage action alleging breach of contract and vexatious refusal to pay a claim pursuant to Mo. Rev. Stat. §§ 375.296, 375.420.1 (Doc. 1.) Blackboard Insurance Company (“Defendant”) has not filed a response and the time to do so has expired. For the reasons set forth below, Plaintiffs’ motion is GRANTED.

1 Section 375.296, RSMo., provides: In any action, suit or other proceeding instituted against any insurance company, association or other insurer upon any contract of insurance issued or delivered in this state to a resident of this state, or to a corporation incorporated in or authorized to do business in this state, if the insurer has failed or refused for a period of thirty days after due demand therefor prior to the institution of the action, suit or proceeding, to make payment under and in accordance with the terms and provisions of the contract of insurance, and it shall appear from the evidence that the refusal was vexatious and without reasonable cause, the court or jury may, in addition to the amount due under the provisions of the contract of insurance and interest thereon, allow the plaintiff damages for vexatious refusal to pay and attorney’s fees as provided in section 375.420. Failure of an insurer to appear and defend any action, suit or other proceeding shall be deemed prima facie evidence that its failure to make payment was vexatious without reasonable cause.

Section 375.420, RSMo., provides: In any action against any insurance company to recover the amount of any loss under a policy of automobile, fire, cyclone, lightning, life, health, accident, employers’ liability, burglary, theft, embezzlement, fidelity, indemnity, marine or other insurance except automobile liability insurance, if it appears from the evidence that such company has refused to pay such loss without reasonable cause or excuse, the court or jury may, in addition to the amount thereof and interest, allow the plaintiff damages not to exceed twenty percent of the first fifteen hundred dollars of the loss, and ten percent of the amount Background Plaintiffs filed their Complaint on November 3, 2021. (Doc. 1.) Defendant was served by mail pursuant to Federal Rule of Civil Procedure 4 and Missouri Supreme Court Rule 54.16. (Doc. 3.) Defendant acknowledged receipt of the summons on November 11, 2021. (Id.) Defendant failed to answer or otherwise respond to Plaintiffs’ Complaint; thus, on December 20, 2021, the Clerk of the Court entered an Entry of Default. (Doc. 5.) “Upon default, the factual allegations of a complaint (except those relating to the amount of damages) are taken as true.” Murray v. Lene, 595 F.3d 868, 871 (8th Cir. 2010); see also Fed. R. Civ. P. 8(b)(6) (“An allegation – other than one relating to the amount of damage – is admitted if a responsive pleading is required and the allegation is not denied.”). Defendant has further failed to answer or otherwise respond to Plaintiffs’ motion for default judgment. Accordingly, the Court accepts the allegations in Plaintiffs’ Complaint as true and “consider[s] whether the unchallenged facts constitute a legitimate cause of action.” Murray, 595 F.3d at 871 (citation omitted). The factual allegations in Plaintiffs’ Complaint are as follows. Plaintiffs held an active insurance policy with Defendant from March 31, 2020, through March 31, 2021. (Doc. 1 at ¶ 12; Doc. 1-1 at 17.) Plaintiffs – S&B Ventures, LLC and Brain Dev 2, LLC – were both “Named Insured” in the insurance policy. (Doc. 1 at ¶ 14; see also Doc. 1-1 at 200.) The insurance policy was “an all-risk property policy which insure[d] against all types of direct physical loss or damage subject only to a handful of enumerated exclusions.” (Doc 1 at ¶ 16.) Loss due to vandalism or theft by unknown third parties was not excluded under the terms of the policy, although the policy did exclude theft by employees or authorized representatives. (Id. at ¶ 19; Doc. 1-1 at 42.) Over a period of two months, Plaintiffs suffered two break-ins relevant to the instant insurance coverage action. (Doc. 1 at ¶¶ 3, 21, 23 n.1, 24.) The first break-in occurred on or about December 14, 2020, when individuals broke in through an exterior garage door, resulting in the theft of copper wiring and electrical components. (Id. at ¶ 21.) These individuals also “vandalized electrical, mechanical, and other equipment, including but not limited to power conduits and heating and cooling systems.” (Id.) The second break-in occurred on or about January 19, 2021, resulting in the theft of the “remaining copper pipe and wiring from electrical closets.” (Id. at

of the loss in excess of fifteen hundred dollars and a reasonable attorney’s fee; and the court shall enter judgment for the aggregate sum found in the verdict. ¶ 24.) The individuals responsible also “tore out the water lines, stole the fire extinguishers, took the valves and electrical meter, and gutted the remaining mechanical equipment for anything of value.” (Id.) Plaintiffs’ insurance policy had two categories of “Covered Property” relevant here: Real Property and Personal Property. (See id. at ¶ 17.) Real Property included (1) building or structures; (2) temporary structures; and (3) permanently installed machinery, equipment, furniture, and fixtures. (Id.; Doc. 1-1 at 22.) Personal Property included (1) furniture and fixtures; (2) machinery and equipment (including contractor’s equipment); and (3) merchandise, stock, supplies, raw materials, and finished goods. (Doc. 1 at ¶ 17; Doc. 1-1 at 22.) After the break-ins, Plaintiffs “provided timely notice of the December 14 and January 19 theft losses to [Defendant] and requested indemnity coverage under the [Insurance] Policy.” (Doc. 1 at ¶ 26.) Defendant “assigned the Claims to Sedgwick Risk Management (‘Sedgwick’) for investigation and handling.” (Id. at ¶ 27.) After several months, and more than one site visit by Eddie Townley, an independent adjuster Defendant hired to inspect the loss location, Defendant “provided [Plaintiffs] with a preliminary estimate of the damages for the Claims and requested that the [Plaintiffs] submit amended sworn proofs of loss if they agreed with the amount of loss.” (Id. at ¶¶ 36, 37, 40.) Plaintiffs “provided executed proofs of loss the following day.” (Id. at ¶ 41.) As of November 3, 2021, Defendant “ha[d] not provided its coverage position to the [Plaintiffs] or remitted payment, despite the Policy’s express condition requiring Blackboard to issue payment for covered damages within thirty (30) days of receiving signed proofs of loss.” (Id. at ¶ 48; Doc. 1-1 at 48.) On or about February 10, 2022, Plaintiffs received two checks from York Risk Services Group, Inc. in the amount of $91,187.58 and $76,650.02. (Doc. 6 at ¶ 15.) Plaintiffs believe these “payments were based on preliminary estimates of the then-known damages created by [Defendant] at the time of its site inspections in August 2021.” (Id.) These payments have been credited to Defendant. (Id. at ¶¶ 13, 15.) Plaintiffs seek a total judgment of $412,283.04 from Defendant. (Id.

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S&B Ventures, LLC v. Blackboard Insurance Company, (W.D. Mo. 2022).

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