Slay's Restoration, LLC v. Wright Nat'l Flood Ins. Co.

NIEMEYER, Circuit Judge:

In this appeal, we hold that a subcontractor hired by a property owner's contractor to repair flood damage to the owner's property was not injured in its business or property by reason of a pattern of racketeering allegedly carried out by the property owner's insurance company and its independent consultants to reduce the amount paid on the property owner's insurance claims for reimbursement of the repair costs. Accordingly, the injury alleged by the property owner's subcontractor-in this case, Slay's Restoration, LLC-was not proximately caused by conduct of the…