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PERSAUDBRAMANTE v. UNDERWRITERS AT LLOYD'S

File No. 23-cv-218 (ECT/DTS).

681 F.Supp.3d 1022 (2023)

PERSAUDBRAMANTE APARTMENTS, L.L.C., Plaintiff, v. UNDERWRITERS AT LLOYD'S OF LONDON, Ironshore Specialty Insurance Company, Steadfast Insurance Company, and First Specialty Insurance Corporation, also known as First Specialty Insurance Company, Defendants.

United States District Court, D. Minnesota.

Signed July 11, 2023.

Attorney(s) appearing for the Case

Edward E. Beckmann, Beckmann Law Firm, LLC, Bloomington, MN, for Plaintiff PersaudBramante Apartments, L.L.C.

Akira Cespedes Perez, Daniel J. Millea, and Mackenzie R. Moy, Zelle LLP, Minneapolis, MN, for Defendants Underwriter's at Lloyd's of London, Ironshore Specialty Insurance Company, and Steadfast Insurance Company.

Aidan M. McCormack and Mark Deckman, DLA Piper LLP (US), New York, NY, and Richard R. Voelbel, Felhaber, Larson, Fenlon & Vogt, PA, Minneapolis, MN, for Defendant First Specialty Insurance Corporation, a/k/a First Specialty Insurance Company.

OPINION AND ORDER

After a fire damaged an apartment building, the building's owner sought coverage from its insurers. The insurers paid what they determined was the actual cash value of the loss, but not the replacement cost value that the insured sought. The insured brought this lawsuit...

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