Indiana GRQ, LLC v. American Guarantee and Liability Insurance Company

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF INDIANA SOUTH BEND DIVISION INDIANA GRQ, LLC, Plaintiff, v. CAUSE NO. 3:21-CV-227 DRL AMERICAN GUARANTEE AND LIABILITY INSURANCE COMPANY et al., Defendants. OPINION AND ORDER Indiana GRQ, LLC (sometimes called IRG) owns a facility in South Bend used for commercially- leased tenant and warehouse space. IRG sued seven insurance companies after flooding caused significant electrical and environmental damage to the facility. The storm set a new South Bend record for rainfall. A market of seven insurers paid a small part (about $2.68 million) of…