Pace Properties, Inc. v. American Manufacturers Mutual Insurance Co.

DOWD, Judge.

Defendant American Manufacturers Mutual Insurance Company (“Kemper”) appeals the judgment for plaintiff Pace Properties, Inc. (“Pace”) after a trial by jury. Under an insurance policy issued by Kemper, Pace sought recovery for damage resulting from the collapse of a retaining wall on the north side of the Ballwin Plaza Shopping Center (“Ballwin Plaza”). The jury found for Pace and awarded $220,000 on the insurance policy, $20,000 interest, and an $18,000 vexatious refusal to pay penalty. We affirm in part and reverse and remand in part.

Pace manages and maintains insurance on…