KB Home Nevada Inc. v. Steadfast Insurance Company

I. BACKGROUND

24 On February 25, 2021, Plaintiffs initiated this action by filing a 25 Complaint against Defendants Steadfast Insurance Company (“Steadfast”), 26 1 1 The Zurich Services Corporation (“Zurich”), and John J. Diemer (“Diemer”) 2 in the Los Angeles Superior Court and alleged the following claims: (1) 3 breach of contract by Plaintiffs KB Home Nevada Inc. and KB Home against 4 Defendants Steadfast and Zurich; (2) breach of contract by Plaintiffs KB 5 Home Phoenix Inc. and KB Home against Defendants Steadfast and Zurich; 6 (3) breach of contract by Plaintiffs KB Home South Bay Inc. and KB Home 7 against Defendants Steadfast and Zurich; (4) breach of the implied 8 covenant of good faith and fair dealing by Plaintiffs KB Home Nevada Inc. 9 and KB Home against Defendants Steadfast and Zurich; (5) breach of 10 fiduciary duties and/or aiding and abetting breach of fiduciary duties by 11 Plaintiffs against Defendant Zurich; (6) negligent misrepresentation by 12 Plaintiffs against Defendants Zurich and Diemer; and (7) intentional 13 misrepresentation by Plaintiffs against Defendants Zurich and Diemer. (See 14 Compl.) 15 This action arises out of an…