TRIAD PROPERTY INVESTMENTS, LLC v. OHIO SECURITY INSURANCE COMPANY

CourtDistrict Court, M.D. North Carolina
DecidedJuly 30, 2025
Docket1:25-cv-00243
StatusUnknown

This text of TRIAD PROPERTY INVESTMENTS, LLC v. OHIO SECURITY INSURANCE COMPANY (TRIAD PROPERTY INVESTMENTS, LLC v. OHIO SECURITY INSURANCE COMPANY) is published on Counsel Stack Legal Research, covering District Court, M.D. North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
TRIAD PROPERTY INVESTMENTS, LLC v. OHIO SECURITY INSURANCE COMPANY, (M.D.N.C. 2025).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE MIDDLE DISTRICT OF NORTH CAROLINA TRIAD PROPERTY INVESTMENTS, ) LLC, ) ) Plaintiff, ) ) Civil Action No. 1:25-cv- 00243-SDT- v. ) JEP ) OHIO SECURITY INSURANCE ) COMPANY, ) ) Defendant.

MEMORANDUM OPINION & ORDER THACKER, Circuit Judge (sitting by designation): This case involves a breach of contract dispute between Triad Property Investments, LLC (“Triad”) and Ohio Security Insurance Company (“Ohio Security”). Ohio Security denied two insurance claims that Triad made after storms in 2019 and 2023. Triad contests both of these denials. Triad filed a nine count Complaint against Ohio Security alleging breach of contract, extra-contractual, tort, and punitive damages claims. In response, Ohio Security filed a motion to dismiss eight of the claims in full for failure to state a claim upon which relief can be granted pursuant to Federal Rule of Civil Procedure 12(b)(6). Ohio Security also moved for partial dismissal of Count II to the extent that it is premised on the 2019 Storm. For the reasons detailed further below, Ohio Security’s motion is GRANTED. Counts I and III–IX are dismissed with prejudice. To the extent that Count II is premised on the 2019 Storm, Ohio Security’s motion is also GRANTED. Thus, the breach of contract claim contained in Count II is limited to recovery for damages that emanate from the 2023 Storm.

I. A. At the motion to dismiss stage, the court accepts Triad’s allegations as true and draws all reasonable inferences in Triad’s favor. Conner v. Cleveland Cnty., 22 F.4th 412, 416 (4th Cir. 2022). Although the consideration of materials outside the pleadings typically converts a motion to dismiss into a motion for summary judgment, the court may properly consider extrinsic documents attached to a motion to dismiss without converting it to a

motion for summary judgment “so long as they are integral to the complaint and authentic.” Anand v. Ocwen, 754 F.3d 195, 198 (4th Cir. 2014) (quoting Philips v. Pitt Cty. Mem. Hosp., 572 F.3d 176, 180 (4th Cir. 2009)). And “in the event of a conflict between the bare allegations in the complaint and any exhibit attached, the exhibit prevails.” Wells v. Fuentes, 126 F.4th 882, 893 n.10 (4th Cir. 2025) (quoting Goines v. Valley Cmty. Servs.

Bd., 822 F.3d 159, 166 (4th Cir. 2016)). Put differently, “if a plaintiff bases his complaint on [an exhibit that] blatantly contradicts [his] allegations, then [the court] will dismiss those allegations as implausible.” Fuentes, 126 F.4th at 896 (citation and internal quotation marks omitted). The following facts are taken from Triad’s Complaint and exhibits attached to Ohio Security’s memorandum in support of its motion to dismiss as well as Triad’s memorandum

in opposition to the motion to dismiss, which both parties agree are integral and authentic. See Def. Mem. in Supp. of Mot. To Dismiss at 2; Pl. Mem. in Opp. of Mot. To Dismiss at 2–4.

1. 2019 Storm and Coverage Dispute On September 1, 2019, a hailstorm occurred in Greensboro, North Carolina (the “2019 Storm”). It caused damage to Triad’s property located at 106 College Road, Greensboro, North Carolina (the “Property”). Specifically disputed here is the damage allegedly caused to the Property’s roof, which is made from an ethylene propylene diene

monomer (“EPDM”) membrane.1 At the time of the 2019 Storm, the Property was insured by an Ohio Security insurance policy that included hail and wind damage coverage. On February 25, 2020, Triad submitted a claim to Ohio Security (the “2020 Claim”) requesting payment for the damage to its Property allegedly caused by the 2019 Storm. Two days later, on February 27, 2020, Ohio Security conducted an initial inspection

of the Property. A Triad representative and Triad’s contractor, Melvin Burney, were present for this initial inspection. On March 9, 2020, Ohio Security conducted a second inspection of the Property through a hired engineer, Jeremy Richardson of Donan Engineering, who conducted his additional inspection accompanied by Triad’s contractors, “Woodrow Winchester and Melvin Burney,” who “were present to point out areas of

1 An EPDM membrane is a synthetic rubber roofing material used in low-slope roofs. See ERA EPDM Roofing Association, What Is EPDM?, https://perma.cc/6MGB- B4AD (last visited July 30, 2025). concern and to provide firsthand information.” Def. Ex. C, ECF No. 8; Pl. Ex. 1, ECF No. 10. See Compl. ¶ 9.

Thereafter, Richardson provided an inspection report to Ohio Security, which Ohio Security then provided to Triad (the “2020 Inspection Report”). According to the 2020 Inspection Report, its purpose was “to determine whether hail and/or wind [] damaged the roof membrane.” Def. Ex. C at 2; Pl. Ex. 1 at 2. The 2020 Inspection Report details that Richardson: (1) discussed the Property and the storm with Triad’s contractors; (2) made observations of the Property and its surrounding area, which the report refers to as

“collateral indicators of hail impact” (i.e., metal, wood, windows, HVAC fins, and vents); and (3) considered historical weather data between January 1, 2019, and March 8, 2020. Def. Ex. C at 4; Pl. Ex. 1 at 4. The 2020 Inspection Report further detailed Richardson’s own knowledge regarding the type of roof at issue (i.e., “EPDM Roof Membranes” on a “low-slope roof”) as well as how hail and wind impact that type of roof. Def. Ex. C at 5–

7; Pl. Ex. 1 at 5–7. Namely, Richardson opined that wind “most commonly” causes “sections of the roof [to be] lifted, bent, and/or peeled back,” which “leads to cascading failure of the roofing system where the covering is peeled back” and that hail creates “circular,” “semi-circular,” or “elliptical” marks or tears that may be accompanied “with a pattern of ‘spider web’ cracking.” Def. Ex. C at 4; Pl. Ex. 1 at 4.

Finally, the 2020 Inspection Report details “EPDM Shrinkage,” which is a type of damage to roofs with EPDM membranes unrelated to hail and wind damage. The 2020 Inspection Report states, “[a]s the EPDM membrane ages, the oils within the membrane degrade and volatilize as a result of exposure to heat and ultraviolet (UV) rays. The loss of oils within the membrane causes a resultant loss of mass and volume. As the EPDM loses volume, it begins to shrink,” which causes the “flashing membrane to pull away from the parapet walls”2 or “tenting.” Def. Ex. C at 5–6; Pl. Ex. 1 at 5–6.

In a section titled “Summary of Conclusions,” the 2020 Inspection Report concluded: -Based on the study of the collateral indicators, hail up to 3/4 inch in diameter fell at this site. -Hail smaller than [two] inches in diameter lacks sufficient mass and or velocity to damage unballasted EPDM membranes. -This roof is not damaged by hail impacts or wind uplift. -The tented/wrinkled EPDM material is attributable to shrinkage and the installation of the material. -The two tears in the EPDM roof membrane are man-made and are not consistent with hail impact. -The tears depicted in the provided photographs are man-made and are not consistent with hail impact.

Def. Ex. C at 7–8; Pl. Ex. 1 at 7–8; Compl. ¶ 11.

On March 20, 2020, Ohio Security denied coverage of Triad’s 2020 Claim related to the 2019 Storm damage to the Property, relying on the 2020 Inspection Report (the “2020 Denial Letter”). Specifically, Ohio Security stated: In reviewing the policy language above, damages that are a result of wear and tear, deterioration, shrinking and maintenance/workmanship-related issues are excluded under your policy. Additionally, water entered the building through the openings from the improperly installed membrane around the parapet wall.

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TRIAD PROPERTY INVESTMENTS, LLC v. OHIO SECURITY INSURANCE COMPANY, Counsel Stack Legal Research, https://law.counselstack.com/opinion/triad-property-investments-llc-v-ohio-security-insurance-company-ncmd-2025.