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 The Zurich Services Corporation (“Zurich”), and John J. Diemer (“Diemer”) in the Los Angeles Superior Court and alleged the following claims: (1) breach of contract by Plaintiffs KB Home Nevada Inc. and KB Home against Defendants Steadfast and Zurich; (2) breach of contract by Plaintiffs KB Home Phoenix Inc. and KB Home against Defendants Steadfast and Zurich; (3) breach of contract by Plaintiffs KB Home South Bay Inc. and KB Home against Defendants Steadfast and Zurich; (4) breach of the implied covenant of good faith and fair dealing by Plaintiffs KB Home Nevada Inc. and KB Home against Defendants Steadfast and Zurich; (5) breach of fiduciary duties and/or aiding and abetting breach of fiduciary duties by Plaintiffs against Defendant Zurich; (6) negligent misrepresentation by Plaintiffs against Defendants Zurich and Diemer; and (7) intentional misrepresentation by Plaintiffs against Defendants Zurich and Diemer. (See Compl.) This action arises out of an…