Stephens & Stephens XII, LLC v. Fireman's Fund Insurance
California Court of Appeal
[CERTIFIED FOR PARTIAL PUBLICATION*]
1Opinion of the Court
Opinion
HUMES, P. J.
Fireman’s Fund Insurance Co. issued an insurance policy covering loss from property damage, including rent, on a building owned by plaintiff Stephens & Stephens XII, LLC (Stephens XII). Three days after the policy became effective, Stephens XII discovered the property had sustained serious damage from burglars who stripped it of all electrical and other conductive materials. Stephens XII sought reimbursement for the damage from Fireman’s Fund, but Fireman’s Fund delayed resolving the claim. Stephens XII then brought this suit.
The policy provided two different measures for…
2Cases cited22 opinions
- Waller v. Truck Insurance Exchange, Inc.California Supreme Court · 1995
- Prudential-LMI Commercial Insurance v. Superior CourtCalifornia Supreme Court · 1990
- Wolf v. Walt Disney Pictures and TelevisionCalifornia Court of Appeal · 2008
- Campbell v. Allstate Ins. Co.California Supreme Court · 1963
- Conrad Bros. v. John Deere Insurance Co.Supreme Court of Iowa · 2001
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