Sky Harbor Atlanta Northeast v. Affiliated FM Insurance Co.

Survival, Water, Medical Field Manuals

Military Manuals

Document text

#3393586v1 IN THE COURT OF APPEALS 
FOR THE ELEVENTH CIRCUIT 
______________________ ________________ 
No. 21-11329 
______________________ ________________ 
SKY HARBOR ATLANTA NORTHEAST, LLC 
and CRESTLINE HOTELS & RESORTS, LLC, 
Plaintiffs/Appellants, 
 
v. 
 
AFFILIATED FM INSURANCE COMPANY, 
Defendant/Appellee. 
______________________ __________________ 
On appeal from the U.S. District Court 
Northern District of Georgia, Atlanta Division 
Civil Action No. 1:17-CV-3910-JPB 
______________________ __________________ 
BRIEF OF APPELLANTS 
 
Michael L. Childress 
Thomas J. Loucks 
CHILDRESS LOUCKS  
 & PLUNKETT, LTD. 
11 W. Illinois, 4th Floor 
Chicago, Illinois 60654 
 
Michael A. Dailey 
ANDERSON DAILEY LLP 
2002 Summit Blvd., Suite 
1250 
Atlanta, Georgia 30319 
 Michael B. Terry 
Frank M. Lowrey IV 
Megan E. Cambre 
BONDURANT MIXSON  
 & ELMORE, LLP 
1201 W. Peachtree St., NW, #3900 
Atlanta, Georgia 30309 
 
Christopher B. Noyes 
Katherine A. Bruce 
Brian S. Kabateck  
KABATECK LLP 
633 W. Fifth Street, Suite 3200 
Los Angeles, California 90071 
 
Attorneys for Appellants USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 1 of 75 
 
Sky Harbor Atlanta Northeas t, LLC, et al. v. Affiliat ed FM Insurance Company 
No. 21-11329 
 
 
#3393586v1 C-1 of 3  CERTIFICATE OF INTERESTED  PERSONS AND CORPORATE 
DISCLOSURE STATEMENT 
 
Pursuant to Rule 26.1 of the Fede ral Rules of Appellate Procedure, 
and Local Rule 26.1-1(a), Appellants he reby file this Certificate of 
Interested Persons, which includes tr ial judge(s), all attorneys, persons, 
associations of persons, firms, part nerships, or corporations that have 
an interest in the outcome of this ca se or appeal, including subsidiaries, 
conglomerates, affiliates, parent corporations, any publicly held 
corporation that owns 10% or more  of the party’s stock, and other 
identifiable legal entities related to a party: 
 Affiliated FM Insurance Company, Appellee 
 ASAP Property Holdings, Inc.  
 Barcelo Corporacion Empresarial, SA  
 Barcelo Crestline Corp. 
 Laura Bartlow, Esq., ZELLE,  LLP, Counsel for Appellee 
 BCE-BCC, LLC 
 The Honorable J.P. Boulee, U.S. Di strict Judge, Northern District 
of Georgia USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 2 of 75 
#3393586v1  2  Katherine Bruce, Esq., KABATECK , LLP, Counsel for Appellants 
 Megan E. Cambre, Esq., BONDURANT MIXSON & ELMORE, 
LLP, Counsel for Appellants 
 Michael Childress, Esq., CHIL DRESS LOUCKS & PLUNKETT, 
LTD, Counsel for Appellants 
 James V. Chin, Esq., ZELLE, LLP, Counsel for Appellee 
 Constellation Capital, LLC 
 Crestline Hotels & Resorts, LLC, Appellant 
 Wei Cui 
 Michael Alan Dailey, Esq., AN DERSON DAILEY, LLP, Counsel 
for Appellants 
 Robert N. Dokson, ELLIS FUNK, P.C., Special Master 
 Factory Mutual Insurance Company 
 JVW Investments LLC 
 Brian S. Kabateck, Esq., KABATECK, LLP, Counsel for 
Appellants 
 Elizabeth Kniffen, Esq., ZELLE,  LLP-MN, Counsel for Appellee 
 Thomas J. Loucks, Esq., CHILDRESS LOUCKS & PLUNKETT, 
LTD, Counsel for Appellants USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 3 of 75 
#3393586v1  3  Frank M. Lowrey IV, Esq., BONDURANT MIXSON & ELMORE, 
LLP, Counsel for Appellants 
 Jonathan R. MacBride, Esq., ZE LLE, LLP, Counsel for Appellee 
 Christopher B. Noyes, Esq., KABATECK, LLP, Counsel for 
Appellants 
 Megan Shutte, Esq., ZELLE, LL P-MN, Counsel for Appellee 
 Sky Harbor Atlanta Northeast, LLC, Appellant 
 Michael B. Terry, Esq., BONDURANT MIXSON & ELMORE, 
LLP, Counsel for Appellants 
 The Honorable Amy Totenberg, U. S. District Judge, Northern 
District of Georgia 
 Christopher Leo Troy, Esq., ZELLE , LLP, Counsel for Appellee 
 Julia Wong 
 Vicky Yuan 
No publicly held company owns more  than 10% of the stock of either 
Appellant. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 4 of 75 
 
#3393586v1 i  STATEMENT REGARDING ORAL ARGUMENT 
This case requires the applicat ion of contract interpretation 
principles to a “all-risk” insurance po licy in the context of an extensive 
factual record. All-risk policies  are a common form of property 
insurance, and their interpretation is important to many insurers and property owners. If the opinion belo w withstood appeal, it would create 
an implicit and signific ant limitation in the coverage afforded by these 
policies—a limitation untethered to an y actual policy language and not 
recognized by the governing law. Ac cordingly, Appellants believe that 
oral argument will assist this Cour t’s consideration of this appeal.  
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 5 of 75 
 
#3393586v1 ii TABLE OF CONTENTS 
 
CERTIFICATE OF INTERESTE D PERSONS AND CORPORATE 
DISCLOSURE STATEMENT ................................................................ C-1 
 
STATEMENT REGARDING ORAL ARGUMENT .................................... i 
 
TABLE OF AUTHORITIES ....................................................................... v 
 
STATEMENT OF JURISDICTION .......................................................... ix 
 
STATEMENT OF THE ISSUES ................................................................ 1 
 
STATEMENT OF THE CASE ................................................................... 3 
 
 Acquisition of the Hotel  ..................................................................... 3  
 
 The 2015 renovation reveals extens ive recent water intrusion, 
water damage, and mold  ................................................................... 9 
 
 AFM investigates the clai ms and denies coverage ......................... 11 
 
 The Policy language ........................................................................ 13 
 
 The summary judgment ruling ....................................................... 16 
 
STANDARD OF REVIEW ........................................................................ 17 
 
SUMMARY OF ARGUMENT .................................................................. 19 
 
ARGUMENT AND AUTHORITIES ........................................................ 24 
 
I. The Policy covers physic al loss and damage to the 
Hotel even if it resulted from construction or design 
defects that existed since the original construction ............. 24 
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 6 of 75 
#3393586v1  iii A. No Policy language limits or excludes coverage for 
physical loss or damage resulting from a pre-
Policy defect in construction or design ......................... 24 
 
B. The phrase “direct phys ical loss or damage” does 
not implicitly bar recove ry for losses resulting 
from pre-Policy defects ................................................. 26 
 
II. The Policy does not bar coverage for direct physical loss 
or damage if it occurred or  started before the Policy 
period ...................................................................................... 35 
 
A. The Policy language does not limit or exclude 
coverage for costs incu rred during the Policy 
period to repair physical  damage that occurred 
before the Policy period ................................................ 37 
 
B. Georgia has not recognized an implied exclusion 
for losses known to the insured before the Policy 
period ............................................................................. 38 
 
C. Applying any “known loss,” “expected loss,” or 
“fortuity requirement” here would depend on 
issues of disputed fact ................................................... 39 
 
D. At a minimum, Plaintiffs  may recover the costs to 
repair physical loss or  damage that occurred 
within the Policy period ................................................ 46 
 
III. Before reading any unstate d coverage limitations into 
the Policy, the Court should  certify the issue to the 
Georgia Supreme Court ......................................................... 50 
 
IV. The district court erred in  granting summary judgment 
on Plaintiffs’ claim for bad faith denial of coverage ............. 51 
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 7 of 75 
#3393586v1  iv V. Sky Harbor is an insured under the Policy for purposes 
of loss or damage to the Hotel, and Crestline is also a 
named insured entitled to recover under the Policy ............ 51 
 
A. Sky Harbor is an insured under the Policy for 
purposes of loss or damage to the Hotel ...................... 52 
 
B. Crestline is also a name d insured entitled to the 
benefits AFM owes under the Policy ............................ 54 
 
CONCLUSION ......................................................................................... 56 
 
CERTIFICATE OF COMPLIANCE ........................................................ 58 
 
CERTIFICATE OF SERVICE .................................................................. 59 
 
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 8 of 75 
 
#3393586v1 v TABLE OF AUTHORITIES 
 
Case Page 
 *AFLAC Inc. v. Chubb & Sons, Inc. , 
 260 Ga. App. 306 (2003) .......................................................... passim 
 
Alea London Ltd. v. Am. Home Servs., Inc. , 
 638 F.3d 768 (11th Cir. 2011) ......................................................... 18 
 
Am. Ins. Co. v. Bateman , 
 125 Ga. App. 189 (1971) .................................................................. 55 
 Am. Reliable Ins. Co. v. Woodward , 
 143 Ga. App. 652 (1977) .................................................................. 55 
 
Arrow Exterminators, Inc. v. Zurich Am. Ins. Co. , 
 136 F.Supp.2d 1340 (N.D. Ga. 2001) .............................................. 38 
 
Atl. Mut. Ins. Co. v. Lotz , 
 384 F. Supp. 2d 1292 (E.D. Wis. 2005) ........................................... 40 
 
Barrett v. Nat’l Union Fire Ins. Co. of Pittsburgh , 
 304 Ga. App. 314 (2010) ................................................ 18, 25, 38, 53 
 
Broome v. Allstate Ins. Co. , 
 144 Ga. App. 318 (1977) .................................................................. 23 
 
Buscher v. Economy Premier Assur. Co. , 
 2006 WL 268781 (D. Mi nn. 2006) ........................................ 32-33, 35 
 
Calabro v. Liberty Mut. Fire Ins. Co. , 
 253 Ga. App. 96 (2001) .................................................................... 37 
 
Caribbean I Owners’ Ass’n, Inc. v.  Great Am. Ins. Co. of New York , 
 600 F. Supp. 2d 1228 (S.D. Ala. 2009) ............................................ 39 
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 9 of 75 
#3393586v1  vi Cincinnati Ins. Co. v. Davis , 
 153 Ga. App. 291 (1980) .................................................................. 25 
 
City of Burlington v. Indem. Ins. Co. of N. Am. , 
 332 F.3d 38 (2d Cir. 2003) ......................................................... 41, 51 
 
Claussen v. Aetna Cas. & Sur. Co. , 
 865 F.2d 1217 (11th Cir. 1989) ....................................................... 50 
 
Columbia Cas. Co. v. Plantation Pipe Line Co. , 
 338 Ga. App. 556 (2016) ............................................................. 38-39 
 
Cont’l Cas. Co. v. H.S.I. Fin. Servs., Inc. , 
 266 Ga. 260 (1996) ........................................................................... 37 
 
Copeland v. Home Grown Music, Inc. , 
 358 Ga. App. 743 (2021) .................................................................. 47 
 
Eckstein v. Cincinnati Ins. Co. , 
 469 F. Supp. 2d 444 (W.D. Ky. 2007) .................................. 32, 34-35 
 
Ellis v. England , 
 432 F.3d 1321 (11th Cir. 2005) ....................................................... 18 
 Essex Ins. Co. v. H & H Land Dev. Corp. , 
 525 F. Supp. 2d 1344 (M.D. Ga. 2007) ............................................ 38 
 
Flynt v. Life of S. Ins. Co. , 
 312 Ga. App. 430 (2011) .................................................................. 47 
 
Georgia Farm Bureaus Mut. Ins. Co. v. Franks , 
 320 Ga. App. 131 (2013) ............................................................. 54-56 
 
Gilreath Family & Cosmetic Dentistr y, Inc. v. Cincinnati Ins. Co. , 
 2021 WL 3870697 (11th Cir. Aug. 31, 2021) .................................. 28 
 
Great Am. All. Ins. Co. v. Anderson , 
 847 F.3d 1327 (11th Cir. 2017) ....................................................... 39 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 10 of 75 
#3393586v1  vii  
In re EHT US1, Inc., et al ., 
 Case No. 21-10036 (KBO), United States Bankruptcy Court 
for the District of Delaware ............................................................. ix 
 
Ingenco Holdings, LLC v. Ace Am. Ins. Co. , 
 921 F.3d 803 (9th Cir. 2019) ........................................................... 40 
 
Lipsitz v. Fireman’s Fund Insurance Co. , 
 183 Ga. App. 270 (1987) ............................................................. 48-49 
 
Lunceford v. Peachtr ee Cas. Ins. Co. , 
 230 Ga. App. 4 (1997) ................................................................ 19, 38 
 
McGrath v. Am. Family Mut. Ins. Co. , 
 2008 WL 4531373 (N.D. I ll. 2008) ....................................... 32, 34-35 
 
Morrison Grain Co. v. Utica Mut. Ins. Co. , 
 632 F.2d 424 (5th Cir. 1980) ........................................................... 40 
 
*NUCO Invs., Inc. v. Hartford Fire Ins. Co. , 
 2005 WL 3307089 (N.D. Ga. De c. 5, 2005) ......................... 21, 32, 35 
 
Scruggs v. Purvis, 
 218 Ga. 40 (1962) ............................................................................. 54 
 
Sun Insurance Office, Ltd. v.  Guest Camera Store, Inc. , 
 108 Ga. App. 339 (1963) .................................................................. 48 
 
Trinity Industries v. Insurance Co. of North America , 
 916 F.2d 267 (5th Cir. 1990) ...................................................... 29-30 
 
Western Pacific Mut. Ins. Co. v. Davies , 
 267 Ga. App. 675 (2004) ................................................ 19, 20, 22, 25 
 
Whiteside v. GEICO Indem. Co., 
 977 F.3d 1014 (11th Cir. 2020) ....................................................... 51 
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 11 of 75 
#3393586v1  viii Other: 
 
28 U.S.C. § 1291......................................................................................... ix 
 
43 Am. Jur. 2d Insurance § 469 ............................................................... 40 
 
Fed. R. Civ. P. 25(c) .................................................................................... x 
 
O.C.G.A. § 15-2-9 ...................................................................................... 50 
 
O.C.G.A. § 33-4-6(a) .................................................................................. 17 
 
Restatement of Contracts § 291 ............................................................... 40 
 
28 U.S.C. § 1332......................................................................................... ix 
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 12 of 75 
 
#3393586v1 ix STATEMENT OF JURISDICTION 
 
This appeal is from a final district court judgment entered based 
on the grant of summary judgment on all claims by all parties.  
The district court had subject matte r jurisdiction over this action 
pursuant to 28 U.S.C. § 1332 becaus e the matter in controversy exceeds 
$75,000 and is between citizens of di fferent states. The order granting 
both sides’ motions for summary ju dgment was entered on March 15, 
2021. Dkt. 289. The district court entered final judgment on March 16, 2021. Dkt. 290. Appellants filed a timely notice of appeal on April 14, 2021. Dkt. 294. So this Court has juri sdiction over th is appeal from 
final judgment pursuant to 28 U.S.C. § 1291.  
Relatedly, the bankruptcy proc eedings involving Sky Harbor 
Atlanta Northeast, LLC (“Sky Harbor”)  do not preclude resolution of 
appellants’ appeal.
1 Sky Harbor purchased the hotel at issue in this 
case in 2013. Sky Harbor filed this  suit in 2017, along with its co-
plaintiff and appellant Crestline Hotels & Resorts, LLC, which 
managed the hotel for Sky Harbor. Dkt. 1. In 2018, Sky Harbor 
 
1 In re EHT US1, Inc., et al ., Case No. 21-10036 (KBO), United 
States Bankruptcy Court for the District of Delaware. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 13 of 75 
#3393586v1  x assigned the right to pursue and re ceive the proceeds of the insurance 
claim to its then-owner—ASAP Pro perty Holdings, Inc. (“ASAP 
Property”). ASAP Property did not mo ve to substitute itself for Sky 
Harbor as a named plaintiff in the district court, nor was there any 
requirement to do so.2  
In early 2021, Sky Harbor—now owne d by an entity unrelated to 
ASAP Property—filed for bankruptcy protection.3 When Appellants’ 
counsel learned of that development,  Appellants alerted this Court and 
requested a stay of the appeal. During that stay, ASAP Property 
initiated an adversary proceeding in Sky Harbor’s bankruptcy to resolve 
any question by any participant in those proceeds whether ASAP 
Property owned the insurance claim that it was prosecuting in Sky 
Harbor’s name, as opposed to that claim being part of the bankruptcy 
estate, subject to creditor claims.  
 
2 The Federal Rule of Civil Proce dure governing substitution of 
parties provides: “If an interest is transferred, the action may be 
continued by  or against the original party  unless the court, on motion, 
orders the transferee to be  substituted in the acti on or joined with the 
original party.” Fed. R. Civ. P. 25(c) (emphasis added).  
3 See note 1 supra . USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 14 of 75 
#3393586v1  xi That adversary proceeding was resolved by a May 6, 2022 
Stipulation entered in Sky Harbor’s bankruptcy.4 That Stipulation 
quitclaimed to ASAP Property any in terest that Sky Harbor may or 
may not have in the insurance claim against AFM. Id. By doing so, the 
Stipulation resolved any potential di spute over the effectiveness of Sky 
Harbor’s 2018 pre-bankruptcy assign ment to ASAP Property of the 
right to pursue and receive the proc eeds of the insurance claim asserted 
in this action.  
In that Stipulation, Sky Harbor’s liquidating trustee agreed that 
“ASAP Property may continue to pros ecute, settle or otherwise dispose 
of the AFM Lawsuit in its sole and absolute discretion, and that the 
AFM Lawsuit ( including any appeals ) may continue without regard to 
any impediments that may exist as a re sult of the automatic stay or the 
Plan.”5 Accordingly, this appeal may proceed.6 
 
4 Appellants’ Motion to Subs titute (May 18, 2022), Ex. A. 
5 Appellants’ Motion to Substitu te (May 18, 2022), Ex. A at 4 ¶ 2 
(emphasis added). 
6 To avoid any future confusion, particularly on the part of non-
parties, Appellants moved this Cour t to substitute ASAP Property for 
Sky Harbor under F.R.A.P. 43. See Appellants’ Motion to Substitute 
(May 18, 2022). Appellee opposed that motion on various fact-intensive 
grounds, but both sides agree that  substitution need not occur for USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 15 of 75 
#3393586v1  xii  
 
Appellants’ appeal to proceed. See Appellants’ Reply Regarding Motion 
to Substitute (June 15, 2022).  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 16 of 75 
 
#3393586v1 1 STATEMENT OF THE ISSUES 
This case involves an “all-risk” in surance policy, a common form of 
property insurance. The policy here covered physical loss and damage to 
the insured hotel arising from any risk not expressly excluded from 
coverage. Appellants seek coverage under this policy for the costs of 
repairing extensive water and mold damage they discovered in 2015, 
during the policy period.  
The district court held that ther e was no insurance coverage as a 
matter of law because the damage di scovered during the policy period 
was ultimately attributable to cons truction and desi gn defects that 
existed prior to the policy period. Dkt. 289 at 10.7 The court 
acknowledged that the policy contai ns no express limitation excluding 
coverage if physical loss or damage resulted from a defect that existed 
when the policy went into effect. Bu t it nevertheless held that such 
resulting losses were not covered,  based on unstated limitations 
 
7 All page citations are to the page number that appears in the 
CM/ECF header at the top of the pa ge, rather than any internal page 
numbering. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 17 of 75 
#3393586v1  2 supposedly implied by the nature of an  all-risk policy or the concepts of 
“risk” and “fortuity.”  
This appeal presents th e following issues:   
1) Whether the district court erred in concluding, as a matter of 
law, that the hotel suffered no phys ical loss or damage covered by the 
all-risk insurance policy.  
2) Whether the district court erred in granting summary 
judgment on the insurer’s liability fo r bad faith denial of coverage, a 
holding based solely upon the cour t’s conclusion that there was no 
covered loss.  
3) Whether Sky Harbor Atlanta Northeast, LLC (the entity 
that owned the hotel at the time of  the losses and when this suit was 
filed) was an insured under the policy for the purposes of any loss or damage to the hotel.
8 
 
8 No one disputes that plaintiff/appellant Crestline Hotels & 
Resorts, LLC, which managed and obta ined insurance for the hotel, is a 
named insured. No one disputes that  the hotel is an insured property. 
See, e.g. , Dkt. 289 at 3 (summary judg ment order finding that AFM 
insured the hotel through policies issued to Crestline). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 18 of 75 
 
#3393586v1 3 STATEMENT OF THE CASE 
Appellants Sky Harbor Northeast, LLC (“Sky Harbor”) and 
Crestline Hotels & Resorts, LLC (“Crestline”) (together, “Plaintiffs”) seek coverage under their all-risk policy for extensive water and mold 
damage they discovered during the period that the appellee, Affiliated 
FM Insurance Company (“AFM”), insu red the Atlanta Hilton Northeast 
Hotel (“the Hotel”).
9 
Acquisition of the Hotel 
The Hotel consists of a 10-floor structure with 272 guest rooms 
(“the tower”) as well as common spac e, including meeting rooms and a 
ballroom, located in a low-rise  portion of the building. See Dkt. 239-16 
at 2; Dkt. 265-17 at 34-35. Sky Harbor purchased the Hotel on 
November 5, 2013. Dkt. 239-1 at 2; Dk t. 256 at 6; Dkt. 237-8. Crestline, 
a leading provider of hotel mana gement services, operated and 
managed the Hotel on Sky Harbor ’s behalf. Dkt. 239-9 at 1.  
Crestline amended its existing all- risk policy with AFM to add the 
Hotel to the list of insured locations,  effective as of the date of Sky 
 
9 Regarding the status of Sky Harb or and its relationship to ASAP 
Property, see appellants’ Statement of Jurisdiction. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 19 of 75 
 
#3393586v1 4 Harbor’s purchase. See Dkt. 239-4. In exchange, Crestline agreed to pay 
an additional annual premium. Id. Crestline renewed this policy with 
AFM in 2014 and again in 2015. See Dkt. 237-3; 239-5; 239-6. The policy 
language is the same across all three policy years. Id.; Dkt. 239-4. So, 
for simplicity’s sake, we refer to  the “Policy,” even though AFM 
technically issued three identica l policies covering the Hotel. 
Before acquiring the Hotel, Sk y Harbor retained third-party 
experts AEI and CERES to evaluate the property, and it obtained an 
appraisal analysis from PKF Co nsulting. Dkt. 240-26 at 86:8-21; id. at 
103:11-16; id. at 20:13-23; Dkt. 265-17. Each  of these experts indicated 
that the Hotel was in a satisfac tory condition as of 2013.  
For example, AEI performed a Pro perty Condition Evaluation and 
determined that the Hotel was in “overall good condition.” Dkt. 265-15 
at 8. AEI reported that the “Substructure,” “Superstructure,” 
“Windows,” “Doors/Frames,” and “Roof Drainage” were “[g]ood,” with no 
action items. Id. at 6, 25. AEI did not identify any “material 
deficiencies,” that is, deficiencies  that required immediate corrective 
action. Id. at 8. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 20 of 75 
 
#3393586v1 5 AEI further reported that the Hotel’s then-general manager 
represented that there were no “com plaints regarding window leaks or 
window condensation,” “that he wa s not aware of mold or microbial 
growth at the Hotel and that occupants have not had complaints 
concerning mold or microbial growth.” Id. at 265-15 at 27; id. at 49. The 
general manager was also not aware of  any roof leaks, water leaks or 
infiltration, nor of any associated damage. Id. at 49. AEI concluded that 
“[t]here was no evidence of wi ndow leaks or condensation,” id. at 27. 
AEI also conducted its own survey fo r mold and found no evidence of 
“microbial growth and/or water damage.” Id. at 49.  
The CERES report likewise indicated that the Hotel was in good 
condition. CERES found no signs of significant staining or corrosion 
inside the building and that the “building construction materials 
appeared to be in good condition.” Dkt. 265-16 at 9, 10. The appraisal 
report from PKF Consulting similarl y noted that there were “[n]o major 
defects or deferred maintenance” and that the functional utility of the 
Hotel was “good.” Dkt. 265-17 at 39, 41. In addition, PKF’s appraiser 
inspected the Hotel and found no evid ence of structural deficiencies. Id. 
at 135.  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 21 of 75 
 
#3393586v1 6  During due diligence, Sky Ha rbor reviewed seller-provided 
property condition reports. See J. Yuan Depo., Dkt. 240-26 at 37:2-12; 
id. at 68:14-19. These included report s generated when the seller had 
originally acquired the Hotel. Id. at 78:20-21; 79:16-21. At least one 
report from 2003 mentioned mold  in the first-floor ballroom. Id. at 
78:12-15. This was ten years before Sky Harbor bought the Hotel and 
ten years before the satisfactory evaluations by AEI, CERES, and PKF 
Consulting. 
Jerome Yuan, chief investment o fficer at ASAP Property and a 
corporate designee for Sky Harbor, testified that, after reviewing the due diligence reports described above,  he “didn’t think that there was a 
mold problem or any cause of mold at the hotel.” Dkt. 240-26 at 85:17-20. He personally inspected the Ho tel in 2013 and saw no evidence of 
the problems referenced in the 2003 report. Id. at 79:25-80:6. And he 
believed that the seller had fixed any mold or water intrusion problems 
referenced in the old 2003 report, particularly after reviewing the 
seller’s maintenance and improvement records.
10  
 
10 See Dkt. 240-26 at 81:10-13 (“the report was from 2003. . . I 
expected the ownership to fix any problems.”); id. at 82:4-9 (“[T]he seller 
provided their historical capex in voices where they fixed -- I mean, USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 22 of 75 
 
#3393586v1 7 During due diligence, Sky Harbor  became aware of a few “spot” 
problems that were consistent with  regular maintenance issues in a 
hotel of this size. Dkt. 240-25 at 71:5. These issues existed in approximately 20 (out of 272) guest rooms. See Dkt. 239-16 at 2 . Both 
Jerome Yuan and Frank Yuan, CEO at  ASAP Property and a corporate 
designee for Sky Harbor, testified th at the seller was responsible for 
remediating some mold identified in  the guest rooms prior to the sale. 
Dkt. 240-26 at 84:16-85:2; id. at 145:18-24; Dkt. 240-25 at 195:11-25. 
And the seller confirmed that it had completed these remediations prior 
to closing. See Dkt. 265-11 at 2. As Chri stopher Flagg of Crestline 
testified, “we were told that the mold  was remediated by the seller, that 
we took over a clean hote l.” Dkt. 240-11 at 139:11-12; see also  id. at 
140:19-141:7. 
While operating the Hotel, Plainti ffs became aware of minor mold 
or leak issues, such as bathwater or air-conditioning issues, of the sort 
that could be addressed through re gular maintenance. Dkt. 240-25 at 
71:1-72:25. For example, Frank Yuan testified that monthly reports by 
 
maybe it’s not mold specific, but wh ere they fixed the property and had 
it up to date.”). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 23 of 75 
 
#3393586v1 8 Hotel managers would sometimes indica te that there was a leak or spot 
of mold in one room or another an d that they had taken care of it. Id. 
He also testified that he was aware of a few problems, such as faucet or 
toilet leaks that may cause mold if left unchecked but considered these “regular maintenance” issues. Id. at 108:24-109:3.  
Based on his experience with hote ls, Frank Yuan knew that there 
would always be “some mold,” but no thing remotely of the “magnitude” 
later discovered at the Hote l during the 2015 renovation. Id. at 109:5-
110:18. He testified that the extent an d nature of the roof leaks became 
evident only when he visited in  October 2015 and “saw the water 
pouring down from the roof . . . to the first floor.” Id. at 100:2-9; see also  
id. at 79:15-81:12.  
Marcy Adams, the Hotel’s Genera l Manager, likewise testified 
that she didn’t know of any systemic  problems with the Hotel before the 
2015 renovation. Dkt. 240-02 at 40:11-23.  She had no indication that 
mold was a problem throughout the Ho tel or even “in certain specific 
areas.” Id. at 31:25-32:2. For example, sh e did not know the exterior 
brick was leaking until after the interior drywall was removed for 
renovation. Id. at 50:6-51:23. She also testified that, prior to the USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 24 of 75 
 
#3393586v1 9 September 2015 renovation, Crestline di d not know that there was mold 
in the fan coil units, in or bene ath the carpets, or in the bathroom 
fixtures. Id. at 28:23-31:12, 61:11-14 . To the extent that there had been 
occasional reports of mold prior to the renovation, management had 
been able to resolve these “sporadic”  problems and identify and fix the 
“case-by-case” causes, such as pinhole  leaks in pipes or a toilet overflow. 
Id. at 30:4-16. 
The 2015 renovation reveals extensive recent water 
intrusion, water damage, and mold  
 In September 2015, Plaintiffs bega n renovating the Hotel. During 
this process, they disc overed extensive mold behind the vinyl wallpaper 
in the guest rooms on the ninth an d tenth floors. Dkt. 240-25 at 73:15-
23, 98:15-102:8.  Plaintiffs also lear ned of roof, plumbing, and exterior 
leaks that appeared to have caused the mold and water damage to the Hotel. Id.  
Plaintiffs retained third-party Liberty Building Forensics Group 
(“Liberty”) to investigate the causes and extent of the water leaks and mold. Dkt. 240-25 at 81:1-83:15; Dk t. 239-16 at 27. Liberty’s 31-page 
report details the water damage th e Hotel sustained “during recent USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 25 of 75 
 
#3393586v1 10 rainwater events,” including a sign ificant storm on August 22 and 23, 
2015. Dkt. 239-16 at 27. 
Liberty observed water intr usion through the building 
envelope while onsite and when these areas were tested. It is 
Liberty’s opinion that this wa ter intrusion occurred during 
recent rainwater events. One such event occurred on August 
22 and 23, 2015. 
  
Id. As noted above, a Sky Harbor wi tness had also seen water pouring 
into the Hotel in Octo ber 2015 through the roof. Supra  at 6. And, while 
on site, Liberty observed additional  rain and water vapor intrusion in 
November 2015. Dkt. 239-16 at 8. 
Liberty ultimately concluded th at water leaks “through the no-
hub piping system for the rainwater drains,” “through the brick and glazing façade,” and “through the r oof penetrations occurred while 
Liberty was onsite and would have occurred during events like the one 
documented on August 22 and 23 …. These leaks have damaged adjacent areas including the wa llboard, insulation, and framing 
systems. These damages necessitate the removal and repair of these areas as a result of recent leak s and damage.” Dkt. 239-16 at 33.  
Liberty further concluded that “w ater vapor intrusion through the 
brick and glazing facade occurred over  the cooling season during July USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 26 of 75 
 
#3393586v1 11 2015 … result[ing] in water damage to adjacent areas including the 
wallboard, insulation and framing sy stems. This mechanism of damage 
acted in combination with rainwater intrusion throughout the exterior 
cladding to cause damage in some areas.” Id.; see also id.  at 32.  
Consistent with this report, Liberty’s president testified that the 
Hotel’s exterior sheathing was dama ged by rainwater and other water 
intrusion caused by the August 2015 rainfall event and that there was 
“additional damage” to th e interior sheathing of  the Hotel during the 
summer of 2015. See Dkt. 240-10 at 237:3-14; id. at 233:3-244:12. 
In other words, Liberty docume nted significant rainwater and 
water vapor intrusion into the Hote l in 2015, well into the coverage 
period that starting in late 2013. Libe rty’s report details the millions of 
dollars of repairs necessary to reme diate the damage caused by these 
intrusions. Dkt. 239-16 at 10, 34-37. 
AFM investigates the claims and denies coverage  Plaintiffs’ insurance broker noti fied AFM of their claims on 
September 21, 2015. Dkt. 239-1 at 5. The next day, an AFM adjuster, 
along with a hired consultant from Engineered Solutions Incorporated 
(ESI), went to the Hotel to  investigate the damage.  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 27 of 75 
 
#3393586v1 12 Crestline submitted a signed and sworn Proof of Loss on February 
11, 2016. Dkt. 237-10 at 4; Dkt. 239-16. That same day, AFM sent 
Crestline a letter advising that AFM needed additional information and 
documentation to comple te its coverage evaluation. Dkt. 239-13 at 11-
12. Sky Harbor submitted its Proof of  Loss on March 11, 2016. Dkt. 239-
13 at 13.  Plaintiffs attached a copy of Liberty’s report with the Proofs of 
Loss they submitted to AFM. Dkt. 239-16 at 7. 
On March 30, 2016, AFM wrote to confirm receipt of Plaintiffs’ 
Proofs of Loss. Dkt. 239-23 at 14.  AFM indicated that “further 
information will be needed before we can respond to either Proof of 
Loss” and requested an extension of time to respond. Id. Plaintiffs 
complied with AFM’s requests for additional information. Id. 
Throughout spring 2016, AFM continue d to request further information 
and conducted multiple site visits to inspect the Hotel as additional 
floors were being renovated. Id. On May 20, 2016, AFM rejected the 
Proofs of Loss. Id. at 15, 52-54. 
Despite denying the Proofs of Loss,  AFM continued to investigate 
Plaintiffs’ claim, includin g visits to the Hotel in  June and July of 2016. 
Id. at 16. In late June, AFM informed Plaintiffs that it was exercising USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 28 of 75 
 
#3393586v1 13 its right to take Examinations Un der Oath and to examine pertinent 
documents. Id. AFM conducted these examinations in fall 2016. Id.  
AFM confirmed its denial of covera ge by letter dated January 6, 
2017, asserting that no specific event had caused the losses, that most of the losses were excluded under the policy, and that the losses had developed over time and prior to the effective date of the policy. Dkt. 
237-14 at 1-2. Plaintiffs filed suit. Dkt. 1. 
The Policy language 
AFM’s Policy “insures against all risks of direct physical loss or 
damage to insured property except as excluded  under this policy.” Dkt. 
237-3 at 15 (emphasis added); see also  239-5 at 15; 239-6 at 15. As 
quoted in AFM’s denial letter, the Policy excludes two categories of perils. Dkt. 237-14 at 4-5. The firs t group of perils—Group I—is an 
absolute exclusion. Id. at 4. That is, losses resulting from those perils 
(e.g., nuclear reaction) are “excluded regardless of any other cause or 
event whether or not insured under  this policy that contributes 
concurrently or in any sequen ce to the loss or damage.” Id. The second 
category of excluded perils—Group II—are limited by what is sometimes known as an “ensuing lo ss” or “resulting loss” clause. Id. at USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 29 of 75 
 
#3393586v1 14 5. That is, Group II perils are cove red only to the extent that those 
perils cause direct physical loss or damage, in which case the “resulting 
direct physical loss or damage is covered.” Id.  
The Policy classifies “latent defe ct” and “defects in materials, 
faulty workmanship, faulty constructi on or faulty design” as Group II 
perils. Id. So there is no coverage for such  defects except to the extent 
that they cause “direct physical loss or damage.” Dkt. 237-3 at 31 (2013 
policy); see also  239-5 at 15; 239-6 at 15. In that case the “resulting 
direct physical loss or damage is covered” even though the cost of 
correcting the underlying defect itself is not. Id. AFM admits as much 
in its summary judgment briefing:  
The Policies do not insure against loss or damage caused by 
“wear and tear, deterioration, depletion, rust, corrosion, 
erosion, inherent vice, latent de fect” or “defects in materials, 
faulty workmanship, faulty cons truction or faulty design.” If 
direct physical loss or damage insured by the Policies results 
from these conditions, however,  then that resulting direct 
physical loss or damage is covered . 
 
Dkt. 238-1 at 34 (emphasis added). 
In other words, AFM’s policy does n’t cover the cost  of correcting a 
construction or design defect that a llows water to enter the Hotel. But if 
that water damages the carpet in the room below, the cost of repairing USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 30 of 75 
 
#3393586v1 15 or replacing the damaged carpet is co vered as a resulting loss. Likewise, 
if that water damaged “the wallboard , insulation, and framing systems” 
of the Hotel, as Liberty concluded11, then the cost of repairing that 
damage is covered.  
The Policy classifies mold as a Gr oup I peril “except as provided in 
Section D., Extensions of Covera ge, Item 18.” Dkt. 237-3 at 30 (2013 
policy); see also  Dkt. 237-5 at 37; Dkt. 237-6 at 40. Item 18, in turn, 
extends the Policy to cover mold dama ge resulting from physical loss or 
damage to the Hotel up to a $1 million sub-limit. Dkt. 237-3 at 25 (2013 policy); see also  Dkt. 237-5 at 42; Dkt. 237-6 at 45. “This coverage 
includes any cost or expenses to clean up, remove, contain, treat, 
detoxify or neutralize fungus, mold or  mildew from the insured property 
resulting from such loss or damage.” Id. Thus, if mold resulted from 
direct physical loss or damage (thr ough water infiltra tion, for example), 
the costs of removal and remediation are covered. 
AFM’s Policy contains no general co verage limitation or exclusion 
for losses caused by an underlying co ndition (such as a design defect) 
 
11 Dkt. 239-16 at 33. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 31 of 75 
 
#3393586v1 16 that existed before the Policy pe riod. Nor, as the district court 
acknowledged, does it contain an y general coverage  limitation or 
exclusion for losses that began before the Policy period. Dkt. 259 at 8. 
Instead, the Policy enumerates two— and only two—perils for which no 
resulting losses are covered if the pe ril began before th e Policy period. 
Specifically, the Policy provides that it does not cover losses caused by 
earth movement or flood12 “commencing before  the effective … date and 
time of this policy.”13  
The summary judgment ruling The district court granted AF M’s summary judgment motion, 
concluding that there was no coverage  for any of Plaintiffs’ losses. The 
court acknowledged “that the policies do not specifically state that losses incurred prior to the policy peri od are excluded.” Dkt. 289 at 8. 
But the court decided that there was no coverage because “[t]he 
 
12 Lest there be any confusion, “fl ood” is defined in the Policy and 
relates to water, spray, and pressure  events from a “body of water,” not 
rain or water vapor. See Dkt. 237-3 at 40. The water and mold issues 
here are not traceable to a “flood” event, nor does AFM argue for such 
an exclusion. See generally Dkt. 237-14 (denial letter) & Dkt. 238-1 
(AFM’s summary judgment brief).  
13 Dkt. 237-3 at 16 (2013 policy);  Dkt. 237-5 at 23 (2014 policy); 
Dkt. 237-6 at 26 (2015 policy) (emphasis added). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 32 of 75 
 
#3393586v1 17 undisputed evidence shows that the origin of the water intrusion was 
the result of defects existing sinc e the original construction of the 
Hotel.” Id. at 9. Because the water intrus ion was caused by defects that 
existed before the Policy, the district  court concluded “that there was no 
actual change to the condition of th e Hotel which was occasioned by an 
accident, external or other fortuitous event.” Id.  
Based on that reasoning, the cour t held that none of Plaintiffs’ 
claimed losses were covered. Id. at 9-10. And, relying solely on this no-
coverage holding, the court also gr anted summary judgment for AFM on 
Plaintiffs’ bad faith clai m under O.C.G.A. § 33-4-6(a). Id. at 11.14 The 
court entered final judgment on all cl aims by all parties. Dkt. 290. This 
appeal followed. 
STANDARD OF REVIEW 
 
“We review de novo  the district court’s grant of a motion for 
summary judgment, considering all of the evidence and the inferences it 
 
14 The district court also granted summary judgment for Plaintiffs 
on AFM’s counterclaims for fraud and conspiracy, which essentially 
allege that Plaintiffs filed an insurance claim despite supposedly 
knowing that they had suffered no covered losses. The court concluded 
that because AFM had engaged in its own extensive investigation, it did 
not justifiably rely on any suppose d misrepresentation by Plaintiffs. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 33 of 75 
 
#3393586v1 18 may yield in the light most fav orable to the nonmoving party.” Ellis v. 
England , 432 F.3d 1321, 1325 (11th Cir. 2005). Likewise, “[t]he 
construction of an insurance contra ct is a question of law the Court 
reviews de novo. ” Alea London Ltd. v. Am. Home Servs., Inc. , 638 F.3d 
768, 773 n.7 (11th Cir. 2011).  
The parties and district court agr ee that Georgia law governs this 
insurance claim for damage to a Georgia hotel.15 “Under Georgia law, 
insurance policies are liberally constr ued in favor of coverage, and the 
conditions and provisions of contra cts of insurance will be strictly 
construed against the insurer who prep ares such contracts. Thus, while 
coverage provisions are construed broa dly in favor of the object to be 
accomplished exclusions in an in surance policy are ... interpreted 
narrowly, in favor of the insured.” Barrett v. Nat’l Union Fire Ins. Co. of 
Pittsburgh , 304 Ga. App. 314, 320 (2010) (citations and internal 
punctuation omitted).  
That is particularly true for the all-risks policy here: “‘the insurer, 
having affirmatively expressed co verage through broad promises, 
 
15 See, e.g. , Dkt. 238-1 at 10 n.1 (AFM’s  summary judgment brief); 
Dkt. 289 (summary judgment or der applying Georgia law). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 34 of 75 
 
#3393586v1 19 assumes a duty to define any li mitations on the coverage in clear and 
explicit terms.’” Western Pacific Mut. Ins. Co. v. Davies , 267 Ga. App. 
675, 680 (2004) (citation omitted, em phasis added). “[A]n exclusion 
sought to be invoked by the insurer will be liberally construed in favor 
of the insured and strictly construed against the insurer when it is not 
clear and unequivocal ….” Id.; see also  Lunceford v. Peachtree Cas. Ins. 
Co., 230 Ga. App. 4, 4–5 (1997). 
SUMMARY OF ARGUMENT  
The district court erred in determ ining, as a matter of law, that 
AFM’s all-risks Policy covers none  of Plaintiffs’ losses. The court 
believed that those losses were barre d because the water that caused 
physical damage and mold contamin ation was able to enter the Hotel 
due to original design an d construction defects that predated the Policy. 
The court did not base that conclu sion upon any Policy language 
limiting or excluding cove rage for physical loss and damage if caused by 
a pre-Policy defect. There is no such  language, although there is an 
exclusion for two specific perils not at issue here that forecloses any 
coverage if the peril commence d before the Policy period.  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 35 of 75 
 
#3393586v1 20 As noted above, the Policy’s Grou p II exclusion for design and 
construction defects maintains covera ge for any physical loss or damage 
to the insured structure resulting fr om those defects. And, although 
nominally a Group I peril, mold th at results from physical loss of 
damage to the Hotel is covered up to $1 million. And AFM sold 
Plaintiffs this Policy to ensure an  existing structure long after its 
original design and construction . Its Policy says nothing about 
excluding physical loss or damage caused by design and construction defects if (as one would expect) th ose defects had existed before the 
Policy issued—indeed, since the Hotel was built. If that’s what AFM intended, it had “a duty to define an y [such] limitations on the coverage 
in clear and explicit terms.’” Western Pacific , 267 Ga. App. at 680. It did 
not.  
Instead of policy language, the di strict court based its coverage 
ruling upon a single case— AFLAC Inc. v. Chubb & Sons, Inc. , 260 Ga. 
App. 306 (2003). AFLAC  held that an insured property owner suffered 
no physical loss or damage when it incurred costs to fix a programming 
defect in its computers (a lack of Y2K compatibility). That programming 
defect had not caused any physical damage to the computer or any of USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 36 of 75 
 
#3393586v1 21 the insured’s property. Instead, th e insured’s only purported loss was 
the cost of pre-emptively fixing that defect before it caused any damage.  
The district court erred in thinking that AFLAC —a case where 
the defect caused no physical loss or damage—governed this case. AFLAC  does not foreclose recovery for an insured—like Plaintiffs 
here—who has suffered actual physical  loss or damage resulting from a 
pre-Policy defect.  
Plaintiffs do not contend they can recover the cost of correcting the 
underlying design or construction de fects that allowed water to enter 
the Hotel. But they do seek to recove r the costs of repairing the physical 
loss and damage caused by  that infiltrating water,  such as the extensive 
damage to the Hotel’s wallboard, insu lation, framing systems, and other 
areas documented by Plaintiffs’ expert consultants. As the Northern District of Georgia explained in another hotel mold case, “even if defective design or faulty workmans hip contributed to the growth of 
mold, damage to the [hotel’s] ventila tion system, air conditioners, walls, 
wall coverings, or the exhaust system  is ‘resulting damage’ that is 
covered by insurance.” NUCO Invs., Inc. v. Hartford Fire Ins. Co. , 2005 
WL 3307089, at *5 (N.D. Ga. Dec. 5, 2005). The same is true here. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 37 of 75 
 
#3393586v1 22 This case would be like AFLAC  if Plaintiffs were seeking to 
recover solely the costs of correcting the underlying defects, rather than 
the property damage that resulted fr om them. The former isn’t covered, 
but the latter is, just as AFM admits in its summary judgment briefing. See Dkt. 238-1 at 34 (quoted abo ve at 12). In short, AFLAC  did not 
involve any resulting direct physical  loss or damage. This case does. 
The district court did not base its coverage holding on the 
presence of some water or mold in the Hotel prior to the Policy period. 
But that rationale could not sust ain summary judgment either. No 
Policy language excludes loss or damage suffered before the Policy 
period. No Policy language excludes loss or damage suffered during the 
Policy period if similar loss or dama ge occurred before the Policy Period. 
In other words, nothing in the Policy says that if there is a patch of 
mold or a single rainfall intrusio n before the Policy, any mold or 
damage later caused by water intrusio n during the Policy isn’t covered. 
Again, any such “limitations on the coverage” would have required 
“clear and explicit terms.’” Western Pacific , 267 Ga. App. at 680.
16 
 
16 “Any and all ambiguities in an  insurance contract shall be 
construed most favorably toward the insured and most strongly against 
the insurer. This is particularly  true where construction of an USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 38 of 75 
 
#3393586v1 23 As recited above, there is ample ev idence of significant rain and 
water vapor intrusion during the Po licy period, particularly in 2015, 
causing extensive damage to the Hote l. And, to the extent it matters 
under the law, there is substantial ev idence that Plaintiffs did not know 
of or anticipate this type or sc ope of damage before AFM issued 
coverage in late 2013. A jury could ea sily find that Plaintiffs believed 
that the isolated issues with mold or water that manifested before the 
2015 renovation were (1) limited in scope; (2) materially different in cause; (3) remedied before purcha se or through routine maintenance 
after purchase; and (4) not remotely comparable to the damage they 
discovered in 2015. Indeed, AFM itse lf had insured and inspected the 
Hotel when it was still operated by its previous owner. And it did not 
detect any of the issues that it no w claims were existing and obvious 
before Sky Harbor’s 2013 purchase. 
Ultimately, the district court shou ld have resolved the coverage 
questions in this case based on the plain Policy language. Instead, it 
accepted AFM’s invitation to infer unwritten coverage limitations and 
 
exemption or exclusion is at issue.” Broome v. Allstate Ins. Co. , 144 Ga. 
App. 318, 319 (1977) (citations  and punctuation omitted). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 39 of 75 
 
#3393586v1 24 exclusions supposedly implied by the na ture of an all-risk policy, or the 
concepts of “risk” and “fortuity.” Th is Court should reverse the district 
court’s no-coverage holding, along wi th its derivative grant of summary 
judgment on Plaintiffs’ claim fo r bad faith denial of coverage. 
ARGUMENT AND AUTHORITIES  
I. The Policy covers physical loss and damage to the Hotel 
even if it resulted from constr uction or design defects that 
existed since the original construction. 
 
A. No Policy language limits or excludes coverage for 
physical loss or damage re sulting from a pre-Policy 
defect in construction or design. 
   
 AFM’s Policy “insures against all risks of direct physical loss or 
damage to insured property except as excluded  under this policy.” Dkt. 
237-3 at 15 (emphasis added); see also  239-5 at 15; 239-6 at 15. To 
repeat: “all  risks … except as excluded.”  
As AFM concedes, the Group II exclusion for design and 
construction defects maintains cove rage for physical loss or damage 
resulting from those defects. Supra  at 12. This language says nothing 
about excluding physical loss or dama ge caused by such defects if the 
defects existed before the Policy pe riod. That would have been a very 
important thing for an insured to kn ow when purchasing coverage for USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 40 of 75 
 
#3393586v1 25 an existing structure. And it would have been an easy limitation for 
AFM to express, if that was what it intended. If AFM desired such a limitation, it had the duty to expres s it “in clear and explicit terms.” 
Western Pacific , 267 Ga. App. at 680. 
The absence of any such limitation, let alone a clear and explicit 
one, makes this an easy case. “[T]he conditions and provisions of contracts of insurance will be strict ly construed against the insurer who 
prepares such contracts.” Barrett , 304 Ga. App. at 320. The coverage 
limitation that AFM seeks to enforce is not in the Policy language, and 
that should have been the end of the inquiry. 
Moreover, “[i]n construing an insurance policy, the test is not 
what the insurer intended its word s to mean, but what a reasonable 
person in the position of the insu red would understand them to mean.” 
Cincinnati Ins. Co. v. Davis , 153 Ga. App. 291, 295 (1980). As AFM 
acknowledges, its policy covers physic al loss or damage to the property 
resulting from “latent defect” or  “defects in materials, faulty 
workmanship, faulty construction or faulty design.” Supra  at 12. A 
reasonable insured buying  insurance to cover an existing building 
would not assume that loss or dama ge to the structure falls outside USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 41 of 75 
 
#3393586v1 26 coverage if it resulted from a constr uction or design defect that existed 
before the Policy period. By their na ture, most design and construction 
defects originate before or during cons truction, even if they do not cause 
damage for years afterwards. If AF M wanted to exclude coverage for 
losses resulting from pre-Policy defe cts, it had to say so clearly. 
B. The phrase “direct physical  loss or damage” does not 
implicitly bar recovery fo r losses resulting from pre-
Policy defects. 
 
The district court relied upon one case— AFLAC Inc. v. Chubb & 
Sons, Inc. , 260 Ga. App. 306 (2003)—to conc lude that the Hotel suffered 
no direct physical loss. Dkt. 289 at 9-10. Specifical ly, the court held that 
there was no change to the Hotel du ring the Policy period because the 
underlying construction and design de fects that later allowed water to 
infiltrate the Hotel had existed since its original constr uction. That fact, 
in the district court’s view, precluded coverage. Id. at 9.  
However, Plaintiffs do not seek  to recover for the costs of 
correcting the underlying defects that allowed water to infiltrate the 
Hotel. Instead, Plaintiffs seek cove rage for the direct physical loss and 
damage to the Hotel as a result of  that infiltration of water. As 
explained above, that is precisely th e balance struck by AFM’s policy. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 42 of 75 
 
#3393586v1 27 The costs of correcting bad constructi on or design are not covered, but 
“[i]f direct physical loss or damage insured by the Policies results from 
these conditions … then that resultin g direct physical loss or damage is 
covered.” Dkt. 238-1 at 34 (AFM’s  summary judgment brief).  
In other words, this Policy insures against the risk that a defect in 
the original design or construction of the Hote l would later result in 
physical loss or damage to the st ructure. That’s what an insured 
expects even in a routine homeow ner’s policy—if the homebuilder’s 
long-ago failure to properly seal th e chimney later allo ws rainwater to 
enter the house and damage the in terior ceiling and walls, then 
insurance should cover the costs of repair (even if it won’t cover the 
costs of sealing the chimney). That ’s what happened here. Original 
construction and design problems al lowed rain and water vapor to enter 
the Hotel, damaging the wallboard, insulation, framing systems, and other aspects of the structure.  
In AFLAC , the insured sought to recover the expenses associated 
with converting its computer software  to four-digit date recognition in 
anticipation of Y2K. 260 Ga. A pp. at 306. AFLAC embarked on a 
remediation effort to preempt any problems. Id. at 308. In other words, USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 43 of 75 
 
#3393586v1 28 AFLAC fixed the defect before  it caused any physical damage or loss 
and sought to recover the costs of doing so.  
The court rejected AFLAC’s insurance coverage claim, 
determining that there was “[n]o chan ge in such systems as evidenced 
by direct physical loss of or damage thereto as a result of a fortuitous 
event.” 260 Ga. App.  at 308–09. AFLAC’s claim was appropriately 
denied because there was no change —indeed no damage of any kind—to 
its systems or structures. It sought  only “maintenance and renovation 
expense[s]” to upgrade its technology in advance of an event that may or may not have caused physical damage in the future. Id. The expenses 
incurred to update the software co ding could not be categorized as 
covered losses because, when those funds were spent, there was no 
physical damage to the computer. Id.
17   
So in AFLAC  there was no ensuing ph ysical damage or loss 
resulting from the software defect , only the cost of upgrading the 
 
17 In applying AFLAC , this Court too has held  that “direct physical 
loss” requires that the insured prop erty have suffered some sort of 
physical  effect. See Gilreath Family & Cosmetic Dentistry, Inc. v. 
Cincinnati Ins. Co. , 21-11046, 2021 WL 3870697, at *2 (11th Cir. Aug. 
31, 2021).  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 44 of 75 
 
#3393586v1 29 software. It would be as if the Pl aintiffs here had discovered and 
remediated all construction and desi gn defects before water entered the 
Hotel and were seeking coverage only  for the costs of remediating those 
defects. That’s not the case. 
The central holding in AFLAC  (and the cases upon which it relies) 
is that an insured must have suffered some sort of physical  damage or 
loss. ALFAC  built upon the Fifth Circuit’s decision in Trinity Industries 
v. Insurance Co. of North America , 916 F.2d 267, 271 (5th Cir. 1990). 
Trinity  involved an all-risk insurance policy issued to a shipbuilder. Id. 
The shipbuilder sought coverage fo r sums it paid to satisfy an 
arbitration award for the costs of repa iring a twist in the hull, a defect 
that the shipbuilder knew exis ted when it sold the ship. Id. There was 
no coverage because the ship “was  unchanged in any aspect by the 
arbitration award” and the in sured could not point to any physical  
consequence that could be traced to the defect. Id. Just as in AFLAC , 
there was no ensuing physical damage  resulting from the defect, only 
the cost of repairing the defect itself. 
As the Fifth Circuit recognized in Trinity , there is a difference 
between an insured seeking coverage for the expenses associated with USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 45 of 75 
 
#3393586v1 30 repairing defective workmanship and cases in which the insured seeks 
coverage for subsequent losses occa sioned by defective workmanship. 
Id. at 270. If the defective workma nship causes the property to be 
destroyed or damaged, the insured ma y not recover the costs to correct 
the defect, but the insured is cove red for the “cost to rebuild the 
structure in its defective state.” Id. 
By way of example, had AFLAC’s computer been damaged by 
overheating as it struggled to in terpret two-digit dates in the new 
millennium, then the cost to repair or replace the computer would have 
been covered, even though the pr ogramming defect had existed since 
the software was created. And had the ship in Trinity  taken on water at 
sea because of the twist in its hull,  any resulting water damage to the 
ship’s deck or internal system s would have been covered.  
Here, the Hotel suffered extensive damage from water infiltration 
during the Policy period, which is, wi thout a doubt, a form of physical 
damage.18 The water damage was caused by external events, namely 
 
18 For example, Brian Cook, Staff VP  & Senior Adjuster for AFM, 
testified that “damage from water is a covered risk” and if water 
“contacts undamaged property, it da mages it.” Dkt. 240-05 at 120:8-10, 
160:16-25. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 46 of 75 
 
#3393586v1 31 atmospheric changes and water intrus ion from rainstorms. That such 
intrusions were made possible by  defects that existed since the 
construction of the Hotel does not preclude coverage for the damage 
that those defects allowed. The coverage-triggering change in the Hotel’s condition was not the under lying defects, but the extensive 
damage to the wallboard, insulation, framing systems, and other portions of the structure caused by water infiltration during the Policy 
period.  
Thus, Plaintiffs do not, as the district court wrongly believed, 
“seek insurance proceeds to cover the ‘ordinary cost of doing business,’ 
that is, maintenance and renovation expenses.” Dkt. 289 at 9-10 (quoting AFLAC , 260 Ga. App. at 309). That is what AFLAC was doing, 
in attempting to recover the cost of upgrading its computers, rather 
than costs of repairing some physical loss or damage caused by the programming defect. But it is not wh at Plaintiffs are doing here. They 
seek coverage for the physical lo ss or damage caused by underlying 
construction and design defects, rath er than the cost of correcting those 
defects.  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 47 of 75 
 
#3393586v1 32 Multiple court decisions illustrate how an all-risk policy applies to 
physical loss or damage resultin g from a construction defect. See, e.g. , 
NUCO , 2005 WL 3307089, at *5; Buscher v. Economy Premier Assur. 
Co., 2006 WL 268781 (D. Minn. 2006); McGrath v. Am. Family Mut. Ins. 
Co., 2008 WL 4531373 (N.D. Ill. 2008); and Eckstein v. Cincinnati Ins. 
Co., 469 F. Supp. 2d 444, 454 (W.D. Ky. 2007).  
Nuco  is particularly on point. The property insurer refused to 
cover any of the costs associated with  mold damage at a hotel, based on 
a coverage exclusion for faulty design  or construction. Applying Georgia 
law, a different judge of the Northern  District of Georgia rejected the 
insurer’s position, reasoning that 
even if design or workmanship problems were found to be a 
proximate cause of the mold damage for which NUCO seeks 
recovery, under the plain lang uage of the Policy, NUCO can 
recover damages for loss or damage resulting from  defective 
design, faulty material, and fau lty workmanship. In other 
words, had NUCO filed a claim prior to the growth of mold 
seeking replacement of th e ventilation system, air 
conditioners, walls, wall coveri ngs, or the addition of a 
totally new exhaust system because these items were 
defectively designed, this cl aim would be barred by the 
exclusion at issue here. But, as the Policy clearly states, 
resulting damage is covered.  
 
2005 WL 3307089, at *5 (emphasis adde d). “Thus, even if defective 
design or faulty workmanship cont ributed to the growth of mold, USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 48 of 75 
 
#3393586v1 33 damage to the ventilation system , air conditioners, walls, wall 
coverings, or the exhaust system is ‘resulting damage’ and is not excluded by the plain language of the Policy.” Id. 
Buscher  involved a policy that insure d against “actual accidental 
physical loss or damage to property,”  with an exclusion for loss caused 
by faults in construction ma terial. 2006 WL 268781. The insured 
homeowners suffered water damage to  their closet ceiling, insulation, 
sheetrock, wall paint, baseboard, and carpet due to water leakage. Id. 
The insurer determined that the water leakage resulted from a construction defect in the chimney flashing. Id. The homeowners also 
conducted moisture testing and determined that there was extensive water and mold damage to the inte rior wall assembly, which was the 
result of rain and snow penetratin g the exterior building envelope. Id. 
The Buscher  court held that the water damage to the home 
constituted “actual accidental physical loss or damage.” Id. at *4.  The 
court also held that the policy’s co nstruction defect exclusion “does not 
exclude water damage resulting from  a construction defect.” Id. at *5 
(emphasis added). While the construc tion defect exclusion may bar the 
portion of the homeowner’s claim for the costs of repairing the flashing USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 49 of 75 
 
#3393586v1 34 and fixing the exterior envelope, it did not bar all losses resulting from 
construction defects. Id.  
The court reached a similar conclusion in McGrath . The 
homeowners sought coverage under an  all-risks policy for water damage 
to their dry wall and insulati on. 2008 WL 4531373.  Their insurer 
denied coverage, asserting that the water damage resulted from 
construction or design defects in the walls that allowed water to infiltrate the building. Id. The court rejected the insurer’s position, 
finding that the policy’s construction  and design defects exclusion did 
not bar coverage for loss from “moisture intrusion that occurred as a 
result  of construction or design defects.” Id. at *6 (emphasis added). 
Instead, the exclusion barred only the costs of correcting the defects 
themselves.  
Finally, in Eckstein , 469 F. Supp. 2d 444, the court held that a 
construction-defect exclusion did not preclude coverage for losses caused 
by leaks in a defective roof. The co urt recognized that “water damage 
ensuing from a defective roof is co vered as an ensuing loss, but the 
exclusion for faulty construction exclud es coverage to repair the roof.” 
Id. at 454.  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 50 of 75 
 
#3393586v1 35 As in Nuco , Buscher , McGrath , and Eckstein , the construction and 
design defect exclusion here does no t bar coverage for water damage to 
the Hotel that results from impr oper design, installation, or 
construction. Furthermore, AFM’s po licy goes further than the policy 
language at issue in Buscher  and McGrath , making this case 
particularly easy. AFM’s policy  includes affirmative language 
confirming that “resulting direct physical loss or damage [caused by 
construction or design defects] is covered.” Supra  at 12.  
In sum, the district court erred by holding that AFM’s policy does 
not cover direct physical loss or da mage that results from pre-Policy 
construction or design defects. The Policy doesn’t say that, and neither 
does Georgia law. 
II. The Policy does not bar coverage for direct physical loss or 
damage if it occurred or star ted before the Policy period. 
 
 The district court expressly bas ed its summary judgment ruling 
on the fact that “the origin of th e water intrusion was the result of 
defects existing since the original co nstruction of the Hotel.” Dkt. 289 at 
9. As addressed above, that was e rror. And, for three reasons, the 
district court’s ruling cannot be affi rmed based upon the presence of 
some pre-Policy water or mo ld damage at the Hotel. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 51 of 75 
 
#3393586v1 36  First, the Policy language does not limit or exclude coverage for 
costs the insured incurs during the Policy period to repair physical 
damage that occurred before the Policy period.  
Second, Georgia has not adopted an implied exclusion for losses 
already known to the insured prior to the policy inception. But even 
jurisdictions recognizing such a “known  loss” doctrine do not apply it to 
losses that the insured discovers duri ng the policy period. Based on the 
evidence, a jury could easily find that that is what happened here. 
 Third, even if Plaintiffs couldn’t  recover the costs for repairing any 
damage the Hotel suffered before th e Policy period, they could recover 
for repairing the significant damage suffered during  that period—in 
particular, the effects of the 2015  summer and fall storms and water 
vapor infiltration described in Libe rty’s report. The Policy excludes 
damage from conditions that commen ced before the Policy period only 
in two specific circumstances, neit her applicable here. So the Policy 
cannot properly be read to exclude co verage for other types of losses on 
the ground that they commenced to some degree before the Policy issued.  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 52 of 75 
 
#3393586v1 37  A. The Policy language does not limit or exclude 
coverage for costs incurred during the Policy period 
to repair physical damage that occurred before the 
Policy period.  
 
The district court recognized that AFM’s Policy “do[es] not 
specifically state that losses incurr ed prior to the policy period are 
excluded.” Dkt. 289 at 8. Since cove rage exclusions must be clear and 
explicit, that should have ended the inquiry. An unstated limitation is 
not a limitation. 
“Under Georgia law, an insurance company is free to fix the terms 
of its policies as it sees fit, so long as such terms are not contrary to law, 
and it is equally free to insure ag ainst certain risks while excluding 
others.” Cont’l Cas. Co. v. H.S.I. Fin. Servs., Inc. , 266 Ga. 260, 262 
(1996). So nothing precludes an insu rer from covering costs that an 
insured incurs during the policy peri od to repair damage that occurred 
before coverage commenced. 
Some Georgia cases have involved  policies that expressly limit 
coverage to damage caused by  some occurrence or accident during the 
policy period .19 Other policies expressly co ver “property damage only 
 
19 See, e.g.,  Calabro v. Liberty Mut. Fire Ins. Co. , 253 Ga. App. 96, 
97 (2001) (policy “required that pr operty damage result from an USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 53 of 75 
 
#3393586v1 38 when ‘prior to the policy period, no insured ... knew that the ... ‘property 
damage’ had occurred, in  whole or in part.’”20 But AFM’s Policy contains 
no such requirements or limitati ons. And, as explained above, the 
district court misread the one case ( AFLAC ) upon which it relied to 
infer such an implicit requirement.  
Thus, particularly when “liber ally construed in favor of 
coverage,”21 AFM’s Policy must be read to  cover costs its insured incurs 
during the Policy period to repair phys ical loss or damage, even if that 
loss or damage occurred before the Policy was effective. 
B. Georgia has not recogniz ed an implied exclusion 
for losses known to the insured before the Policy 
period.  
 
Georgia law is clear: any exclusions to coverage must be clear and 
explicit, rather than implied. See, e.g. , Lunceford , 230 Ga. App. at 4–5; 
 
accidental occurrence during the policy period”); Columbia Cas. Co. v. 
Plantation Pipe Line Co. , 338 Ga. App. 556, 558-559 (2016) (“This policy 
applies to injury or destruction taki ng place during this policy period. . 
.”); Arrow Exterminators, Inc. v. Zurich Am. Ins. Co. , 136 F.Supp.2d 
1340, 1349 (N.D. Ga. 2001) (“This insu rance applies to ‘bodily injury’ 
and ‘property damage’ only if: . . . . [i t] occurs during the policy period.”). 
20 Essex Ins. Co. v. H & H Land Dev. Corp. , 525 F. Supp. 2d 1344, 
1345 (M.D. Ga. 2007) (quoting policy). 
21 Barrett , 304 Ga. App. at 320. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 54 of 75 
 
#3393586v1 39 Great Am. All. Ins. Co. v. Anderson , 847 F.3d 1327, 1331-32 (11th Cir. 
2017). Georgia’s Court of Appeals has observed that, although accepted 
in some jurisdictions, Georgia has no t recognized an implicit exclusion 
based on an insured’s knowledge of pre-existing damage, also referred 
to as the “known loss” doctrine.22 That observation came long after the 
AFLAC  decision on which the district court relied.  
A federal court should not impo se “known loss” and related 
doctrines to limit the rights of a Georgia insured when Georgia has not 
done so. See, e.g. , Caribbean I Owners’ Ass’n, Inc. v. Great Am. Ins. Co. 
of New York , 600 F. Supp. 2d 1228, 1247 (S.D. Ala. 2009) (declining to 
impose related “expected loss,” “los s in progress,” “known loss,” and 
“fortuity” doctrines to bar insura nce claim when th e governing Alabama 
law had not recognized those doctrines).  
C. Applying any “known loss,” “expected loss,” or 
“fortuity requirement” here  would depend on issues 
of disputed fact. 
 Some jurisdictions require that a loss must be “fortuitous” to be 
covered. That “fortuity requiremen t” is closely related to, perhaps 
 
22 Columbia Cas. Co. v. Plantation Pipe Line Co. , 338 Ga. App. 
556, 564 (2016) (physica l precedent only). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 55 of 75 
 
#3393586v1 40 synonymous with, the “known loss” doctrine. See, e.g. , 43 Am. Jur. 2d 
Insurance § 469. Even in  jurisdictions where th e fortuity requirement 
applies, it does not bar coverage if  the loss is not known or expected 
when the policy commences. Indeed, AFM acknowledged below that a 
requirement that the Hotel’s losses mu st be “fortuitous” does not bar 
coverage if the loss is unknown or unexpected when the policy commences.
23  
The most commonly adopted fortuity doctrine is from the First 
Restatement of Contracts.24 Indeed, this Court has applied the 
Restatement’s definition of fortui tous when interpreting contracts 
under Florida law.25 The Restatement defines a fortuitous event as one 
“dependent on chance.” Id. (quoting Restatement of Contracts § 291, 
cmt. a (1932)). Importantly, though, it can include pre-policy events 
 
23 Dkt. 238-1 at 21 (“Most courts, as well as the First Restatement 
of Contracts, adhere to the view that  a loss is fortuitous if neither party 
knew or contemplated there was a defe ct in the insured property at the 
time the insurance contract was issued.”) (quoting Atl. Mut. Ins. Co. v. 
Lotz, 384 F. Supp. 2d 129 2, 1298 (E.D. Wis. 2005)). 
24 See Ingenco Holdings, LLC v. Ace Am. Ins. Co. , 921 F.3d 803, 
814–19 (9th Cir. 2019).   
25 Morrison Grain Co. v. Utica Mut. Ins. Co. , 632 F.2d 424, 431 
(5th Cir. 1980). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 56 of 75 
 
#3393586v1 41 provided that “the fact is unknown to the parties.” Id. The inquiry is not 
whether a pre-existing defect would inevitably cause damage, but what 
the parties knew and expected when they entered the insurance contract. Id.; see, e.g.,  City of Burlington v. Indem. Ins. Co. of N. Am. , 
332 F.3d 38, 49 (2d Cir. 2003).  
Thus, even if there is an imp lied fortuity requirement, the 
question would not be whether the defects that had existed since the 
Hotel was built would inevitably cause problems. The question is what the parties knew and expected. Here, the district court did not find an 
absence of any fact dispute as to  what the parties knew about the 
Hotel’s condition and when they kn ew it; instead, the court wrongly 
thought it dispositive that the parties have now determined that much 
of the damage was ultimately attrib utable to defects that existed prior 
to the Policy.  See Dkt. 289 at 8 n.1 & 9. 
On this record, what the parties knew and expected about the 
defects and damage to the Hotel wh en the Policy issued presents 
disputed questions of fact. The evid ence would allow a reasonable jury 
to find that Plaintiffs did not know of pre-Policy defects or damage that USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 57 of 75 
 
#3393586v1 42 would preclude any recovery unde r the Policy. That evidence is 
recounted above, pp. 6-9, but to summarize:  
First, Plaintiffs reviewed numero us pre-purchase reports that the 
Hotel was in good condition, and that any reported problems were 
consistent with regular maintenance issues. The AEI report, the CERES report, and the PKF report a ll found that the Hotel was in a 
satisfactory condition. To the extent  that AFM relies on earlier reported 
problems of mold from 2003, that wa s in a different area of the Hotel 
than the extensive damage to th e guestroom tower and there is 
evidence that the seller had remedi ated those issues prior to the 2013 
sale, and more important to any kn own-loss or fortuity requirement, 
that the Plaintiffs expected and believed that to be true.
26  
Second, there is evidence that the substantial damage and mold 
discovered during the reno vation was the result of 2015  water vapor 
and rain intrusions. That was certai nly the conclusion of Liberty, the 
 
26 Moreover, Crestline is the expr essly named insured, and there 
is no evidence that Crestline saw any prior reports of mold prior to 
securing the insurance policy. At  a minimum, Crestline would be 
entitled to recover for the Hotel’s losses as it did not know of the 
existence, extent, and nature of th e damage at the time the policies 
were issued.  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 58 of 75 
 
#3393586v1 43 consultant that evaluated the Hote l in 2015 and 2016 shortly after the 
discovery of extensive water and mold damage. As detailed above, 
Liberty concludes that a major cool ing season during  July 2015 and a 
severe rainstorm in August 2015 caus ed the damage it documented in 
its expert report. Dkt. 239-16 at 27-33. 
Third, there is evidence that, prio r to the Policy period, Plaintiffs 
had not discovered anything like the extensive water in trusion, damage, 
mold revealed by the 2015 renovation . Below AFM pointed to testimony 
that there were occasional proble ms with leaks or mold. But these 
occasional problems do not compare to  the systemic ones that Plaintiffs 
discovered during the 2015 renovation, including widespread mold in 
the walls, floors, and fan units.  
It is one thing to learn that isol ated pin-hole leaks in pipes or 
toilets or faucets have led to patc hes of mold somewhere in a large 
hotel. It is another thing to see ra inwater pouring into the building in 
2015 (as did Sky Harbor representative  Frank Yuan) or to learn about 
the systemic defects in the piping system, roof penetrations, and other 
systems that Liberty blamed for the 2015 water intrusions. Supra  at 6-
9. Plaintiffs presented testimon y from both the management and USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 59 of 75 
 
#3393586v1 44 owners of the Hotel that, before reno vation, they were not aware of and 
did not expect anything at all like the extensive water intrusion, mold, 
and damage revealed during that process. Supra  at 6-9.  
Rather than somehow conclusively  refute this evidence, AFM’s 
witnesses admitted that at least some  of the claimed damage may have 
occurred during the policy periods. For example, AFM adjuster Joel 
Brown testified that “[i]t is possible for a rain event to be a discrete 
event” causing a loss. Dkt. 240-4 at 88:8-12. And Chris Dawkins, an 
engineer for AFM’s expert (ESL), admitted that a single rain event 
could have caused erosion to the ca ulking on the roof, Dkt. 240-06 at 
267:1-12, and that at least some of  the leaks could have occurred 
“during the policy periods.” Dkt. 240-7 at 41:15-42:2. Further, AFM 
could not “identify when the HVAC system went out of balance,” 
causing water vapor intrusion from th e outside air. Dkt. 240-4 at 90:25-
91:1. As noted above, Liberty conclu ded that this intrusion occurred in 
July 2015.  
In sum, AFM cannot establish— certainly not for purposes of 
summary judgment—that the extensive damage underlying Plaintiffs’ claims preceded the Policy, rather  than being caused by weather USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 60 of 75 
 
#3393586v1 45 conditions in 2015, as Plaintiffs’ evidence indicates. Indeed, AFM’s 
investigating contractor (ESL) never attempted to gather weather data 
or otherwise refute the indication s that the August rainstorm was 
responsible for significant damage to the Hotel. Dkt. 240-06 at 268:9-
269:25. 
Finally , AFM performed its own inspec tions of the Hotel prior to 
issuing the Policy and never identi fied any of the problems it now 
claims were known and obvious. Br ian Cook, Vice-President of AFM’s 
Special Investigations Unit, testifie d that before insuring a property, 
AFM inspects the property to determin e whether it is a good risk or bad 
risk and discuss any “deficiencies”  with the insured. Dkt. 240-05 at 
108:8-21. Notably, AFM had insured the Hotel before  its former owners 
sold the property to Sky Harbor, so it  has a longer association with this 
property than Plaintiffs do.  
In 2010, three years before  Sky Harbor’s purchase, AFM 
conducted a risk evaluation of the Hotel. Dkt. 265-27. Despite a 
comprehensive inspection and eval uation, AFM’s underwriting report 
did not identify water damage, at mospheric intrusion, or mold 
problems. Id. Later, around February 2014, AFM’s field engineer USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 61 of 75 
 
#3393586v1 46 inspected the Hotel and did not identi fy or report any of the supposedly 
obvious structural deficiencies and pervasive water intrusion and mold 
that AFM claims existed before  2015. Dkt. 265-1 at 21 (PF 41).  
In other words, AFM did not di scover the problems that had 
supposedly existed since construction . And AFM markets itself as an 
engineering-based insurance company,  with 180 years of engineering 
expertise, that deploys 1,800 specially  trained engineers to provide on-
site evaluations, identify expo sures, and conduct location-based 
engineering underwriting to  rate risks. Dkt. 265-31.  
On top of this, AFM’s parent co mpany, FM, had insured the Hotel 
at or around the time of the 2003 re ports that purportedly identified the 
existence of water and mold damage. Dkt. 265-26 at 2. Despite this, FM 
insured the property. Id. These facts, too, preclude a ruling that any 
known loss or fortuity requirement bar s all recovery as a matter of law. 
D. At a minimum, Plaintiffs  may recover the costs to 
repair physical loss or damage that occurred within the Policy period.  
 
Insurance contracts must be read as a whole, giving effect to each 
provision and interpreted so that ea ch provision harmonizes with the 
others. See AFLAC , 260 Ga. App. at 307. And it is a well-known USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 62 of 75 
 
#3393586v1 47 principle of contract interpretation  that the express mention of one 
thing implies the exclusion of another. Copeland v. Home Grown Music, 
Inc., 358 Ga. App. 743, 748 (2021). So when an insurer uses certain 
contractual language in one circumst ance but not another, that “should 
be treated as a matter of considered choice.” Flynt v. Life of S. Ins. Co. , 
312 Ga. App. 430, 436 (2011). 
As noted above, AFM’s Policy explicitly does not cover losses 
arising from two types of conditions  if they began before the Policy 
issued. Specifically, the Policy does not cover losses caused by earth 
movement or flood “ commencing before  the effective … date and time of 
this policy.”27 Given AFM’s choice to specify that it would not provide 
coverage for losses arising from thes e two conditions if they commenced 
before coverage, it is wrong to read  the Policy as implicitly barring 
coverage for losses occasioned by an y other, non-specified events that 
may have started or prior to the effective date. The difference in 
language AFM drafted must be tr eated as its considered choice. 
 
27 Dkt. 237-3 at 16 (2013 policy);  Dkt. 237-5 at 23 (2014 policy); 
Dkt. 237-6 at 26 (2015 policy) (emphasi s added). As noted above, “flood” 
connotes a body of surface water, ra ther than rainwater or water vapor 
entering a structure, and no one contends otherwise. See supra at n. 12.    USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 63 of 75 
 
#3393586v1 48 The Policy does not say that the costs to repair loss or damage 
that occurs within the Policy peri od are not covered if there were 
similar losses or damage before. Unde r that standard, substantial water 
or mold damage to the structure an d contents of the Hotel occurring 
during the Policy period woul d be uncovered if there was any water or 
mold in the structure before the Po licy commenced. That would create a 
huge exception to coverage, not ex pressed in any policy language. 
Georgia law does not permit a court to  infer such an implicit limitation. 
Under Georgia law, a jury must re solve disputes over whether and 
to what extent damage occurred during  the period covered by insurance.  
In Lipsitz v. Fireman’ s Fund Insurance Co. , 183 Ga. App. 270, 270 
(1987), the insured’s roof collapsed  five days after his “all-risk” 
insurance policy expired. It was fo r the jury to decide whether the 
accumulation of ice in the roof th at occurred during the policy period 
caused a serious impairment of struct ural integrity or whether the rain 
that occurred after the policy’s expiration was the key factor. Id.  
Likewise, in Sun Insurance Office, Ltd. v. Guest Camera Store, 
Inc., 108 Ga. App. 339, 345 (1963), the defendant insurer had evidence 
that “tended strongly to disprove ” plaintiff’s contention that a USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 64 of 75 
 
#3393586v1 49 windstorm punctured a roof and subsequently allowed rainwater 
intrusion. That evidence included records that the wind was only 22 mph and an expert report that no more than 12 gallons of water could 
have entered through the holes allegedly caused by windstorm. Id. But 
these question of whether the wind storm caused the physical damage 
was for a jury, given competing lay testimony that the wind was blowing very hard and expert test imony that one August storm could 
cause over 1,800 gallons of water to  fall on one half of the roof. Id. 
 Here, as in Lipsitz and Guest Camera , there are fact questions 
regarding the extent and amount of  recoverable loss. As noted above, 
Plaintiffs are entitled to the most favorable interpretation of the Policy. 
But even under the most restrictive re ading, they would be entitled to 
recover the costs to repair physical  loss and damage caused by weather 
events during the policy period, incl uding those from July to November 
2015. The district court erred in gr anting summary judgment on all 
claims for coverage. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 65 of 75 
 
#3393586v1 50 III. Before reading any unstated coverage limitations into the 
Policy, the Court should cert ify the issue to the Georgia 
Supreme Court.  
 
The Policy language and existing principles of G eorgia law provide 
everything this Court needs to reve rse. Affirmance, by contrast, would 
make new law. If this Court does no t simply reverse the district court’s 
holding that some implied known loss or fortuity requirement excludes 
coverage here, it should certify that  issue to Georgia’ s highest court.  
The interpretation of insurance co ntracts is “peculiarly a question 
of state law.” Claussen v. Aetna Cas. & Sur. Co. , 865 F.2d 1217, 1217 
(11th Cir. 1989). Certification to  the Georgia Supreme Court is 
appropriate when “there is no clear precedent in the decisions of the 
courts of Georgia.” Id.; see also  O.C.G.A. § 15-2-9 (allowing certification 
when there are “no clear controlling precedents in the decisions of the 
Supreme Court of this state”).  
There is no Georgia court deci sion affirmatively and clearly 
holding that some fortuity doctrine or other inherent feature of an all-
risk policy bars coverage under the ci rcumstances here. Therefore, if the 
Court does not reverse, it should ce rtify a question on the existence and USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 66 of 75 
 
#3393586v1 51 scope of any such implied exclusions to the authoritative state court, as 
this Court28 and other circuit cour ts have done before.29 
IV. The district court erred in granting summary judgment on 
Plaintiffs’ claim for bad faith denial of coverage. 
 
 The district court granted summary judgment to AFM on 
Plaintiffs’ claim for bad fai th denial of coverage on the sole ground that 
there was no coverage as a matter of law. Dkt. 289 at 10-11. Because 
that no-coverage ruling is error, th e Court should reverse the grant of 
summary judgment on Plaintiffs ’ bad faith claim as well.  
V. Sky Harbor is an insured under the Policy for purposes of 
loss or damage to the Hotel, and Crestline is also a named 
insured entitled to recover under the Policy. 
 
The district court dismissed Sky Harbor’s claims for breach of 
contract and bad faith, finding that  it was not an insured under the 
Policy. Dkt. 289 at 12. AFM does not dispute that Crestline—which managed the Hotel for AFM—is a name d insured. As to Crestline, AFM 
sought summary judgment on the bas is that Crestline had supposedly 
 
28 See, e.g., Whiteside v. GEICO Indem. Co. , 977 F.3d 1014, 1022 
(11th Cir. 2020) (certify ing Georgia insurance law questions to the 
Georgia Supreme Court).  
29 City of Burlington , 332 F.3d at 38 (certify ing question regarding 
interpretation of all-risk policy to the state court). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 67 of 75 
 
#3393586v1 52 suffered no damages. Dkt. 238-1 at  4-6, 18-19. Neither of these 
arguments is any basis to bar recovery. 
A. Sky Harbor is an insured under the Policy for 
purposes of loss or damage to the Hotel. 
 
The Policy identifies the named insureds as Crestline and “any 
interest[s] . . . which are owned, cont rolled or operated by” Crestline. 
Dkt. 237-3 at 3 (2013 policy); Dkt. 23 7-5 at 5 (2014 policy); Dkt. 237-6 at 
7 (2015 policy). To be sure, Crestline did not own, control, or operate 
Sky Harbor itself. But as Hotel mana ger, it indisputably controlled and 
operated Sky Harbor’s interest  in the Hotel, which is identified as an 
insured property. Dkt. 237-3. The ma nagement contract made Crestline 
Sky Harbor’s “ exclusive agent  to supervise, direct and control  
management and operation of the Ho tel.”  Dkt. 239-09 at 1 (emphasis 
added). Because Crestline controlled and operated Sky Harbor’s interest 
in the Hotel, Sky Harbor is an insured under the Policy for purposes of any loss or damage to the Hotel.
30  
 
30 See Dkt. 262 at 2, 15-16 (raising this  argument in opposition to 
summary judgment).  USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 68 of 75 
 
#3393586v1 53 The question is not, as the distri ct court thought, merely whether 
Sky Harbor was a Crestline subsidiary. The Policy defines insureds as Crestline “and its wholly or majority owned subsidiaries and any 
interest  … owned, controlled or operated  by any one or more of those 
named insureds.” Dkt. 265-3 at 15 (emphasis added); Dkt. 237-5 at 7 
(2014 policy); Dkt. 237-6 at 9 (2015 polic y). Like any contract, insurance 
contracts must be read as a whole,  giving effect to each provision 
whenever possible. See AFLAC , 260 Ga. App. at 307. So the Court must 
construe “and any interests” to ha ve meaning different and independent 
from “wholly or majority owned subsid iaries.” And if there were doubt, 
it would be resolved by the Georgi a-law mandate to construe insurance 
policies liberally in favor of coverage. Barrett , 304 Ga. App. at 320. 
Moreover, AFM performed the Policy  consistent with everyone’s 
understanding that Sky Harbor wa s an insured. AFM corresponded 
with Sky Harbor on the claim as  an “Additional Named Insured,” 
demanded information and document s from Sky Harbor, and demanded USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 69 of 75 
 
#3393586v1 54 Sky Harbor’s representatives and em ployees’ examinations under oath. 
Dkt. 265-01 at 25 (PF 48); see also  Dkt. 265-32 at 4.31  
In sum, Sky Harbor is a named insured for purposes of losses to 
the Hotel because Crestline managed its interest in the Hotel and the Hotel is an insured property.  
B. Crestline is also a named insured entitled to the 
benefits AFM owes under the Policy. 
 
Whether Sky Harbor is an insured is ultimately academic because 
Crestline is indisputably a named insured, and the Hotel is indisputably an insured property. As  an insured with an insurable 
interest, Crestline may recover wh atever payments AFM owes under 
the insurance contract. See, e.g. , Georgia Farm Bureaus Mut. Ins. Co. v. 
Franks , 320 Ga. App. 131, 133 (2013).  
“The test of insurable interest in  property is whether the insured 
has such a right, title, or interest therein, or relation thereto , that he will 
be benefited by its preservation an d continued existence, or suffer a 
direct pecuniary loss from its destruct ion or injury by the peril insured 
 
31 “The construction placed upon a co ntract by the parties thereto, as 
shown by their acts and conduct, is entitled to much weight and may be 
conclusive upon them.” Scruggs v. Purvis,  218 Ga. 40, 42 (1962). USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 70 of 75 
 
#3393586v1 55 against.’” Am. Reliable Ins. Co. v. Woodward , 143 Ga. App. 652, 653 
(1977) (emphasis added). “[H]aving titl e or legal ownership is not the 
sine qua non of having an insurable interest, so long as the insured has 
some lawful interest which may be  slight or contingent, legal or 
equitable.” Franks , 320 Ga. App. at 133–39.  
As property manager, Crestline ha d a direct economic interest in 
the preservation and continued exis tence of the Hotel. “[O]nce any 
insurable interest is shown to exist, . . . it is the policy at issue . . . that 
determines the amount the insured is entitled to recover.” Franks , 320 
Ga. App. at 134-39. The policies fix lo ss at the cost to repair or replace 
the property. Dkt. 237-3 at  3 (2013 policy); Dkt. 237-5 at 5 (2014 policy); 
Dkt. 237-6 at 7 (2015 policy) . Crestline is thus entitled to recover the 
“amount which it would cost to re pair or replace the property.” See Am. 
Ins. Co. v. Bateman , 125 Ga. App. 189, 192-93 (1971).  
In Bateman , it was irrelevant that the insured had not paid for 
the work on the building and migh t never be liable for that work. 
Because Bateman had an insurable in terest in the property, he was 
entitled to recover under the terms of the policy. Id. The policy controls 
the amount of recovery, not th e insured’s ownership interest. See also USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 71 of 75 
 
#3393586v1 56 Franks , 320 Ga. App. at 134-39 (rejecting the insurer’s contention “that 
the measure of his ownership inte rest, being less than sole and 
undivided, limits his recovery to a fraction of the policy limits”). 
Crestline had an insurable inte rest in the property and is 
therefore entitled to recover for the costs to repair the property under 
the policy. And, as a factual matter, Crestline did not admit that it had 
no damages; it indicated merely that, as the property manager, it either 
did not know the exact amounts incurr ed to fix the property and it had 
not paid out of pocket for remediation of the Hotel. See Dkt. 238-21 at 
25 (RFA 72-74); Dkt. 238-1 9 at 161:18-165:13. That  doesn’t mean that 
Crestline did not suffer a covered “lo ss” under the meaning of the Policy 
or that it lacks an insurable interest in the hotel.  
CONCLUSION 
 Plaintiffs are entitled to covera ge under the plain language of the 
policy and Georgia law. The district court erred by holding otherwise.  
The Court should reverse the dist rict court’s grant of summary 
judgment in favor of AFM and remand for further proceedings. USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 72 of 75 
 
#3393586v1 57 Respectfully submitted, th is 27th day of June, 2022.  
 
Michael L. Childress 
(admitted pro hac vice ) 
[email protected] 
Thomas J. Loucks 
(admitted pro hac vice ) 
[email protected] 
CHILDRESS LOUCKS  
& PLUNKETT, LTD. 
11 W. Illinois 
4th Floor 
Chicago, Illinois 60654 
Telephone: 312-494-0200 
 
Michael A. Dailey 
Georgia Bar No. 203250 
[email protected] 
ANDERSON DAILEY LLP 
2002 Summit Blvd. 
Suite 1250 
Atlanta, Georgia 30319 
Telephone: 404-442-1800 
 /s/ Frank M. Lowrey IV  
Michael B. Terry 
Georgia Bar No. 702582 
[email protected] 
Frank M. Lowrey IV 
Georgia Bar No. 410310 
[email protected] 
Megan E. Cambre 
Georgia Bar No. 167133 
[email protected] 
BONDURANT MIXSON 
  & ELMORE, LLP 
1201 W. Peachtree St. NW 
Ste 3900 
Atlanta, Georgia 30309 
Tel:  404.881.4100 
 
Christopher B. Noyes 
(admitted pro hac vice ) 
[email protected] 
Katherine A. Bruce 
(admitted pro hac vice ) 
[email protected] 
Brian S. Kabateck  
(admitted pro hac vice ) 
[email protected] 
KABATECK LLP 
633 W. Fifth Street, Ste 3200 
Los Angeles, California 90071 
Telephone: 213-217-5000  
 
 
 
 
 
 
Attorneys for Appellants  
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 73 of 75 
 
#3393586v1 58 LOCAL RULE 7.1D CERTIFICATION OF COMPLIANCE 
I hereby certify that this brief,  filed on June 27, 2022, complies 
with the type-volume limitation of Fed. R. App. P. 32(a)(7)(B) because 
this brief contains 11,975 words, ex cluding the parts exempted by Fed. 
R. App. P. 32(f). This brief complies  with the typeface requirements of 
Fed. R. App. P. 32(a)(5) and the type-s tyle requirements of Fed. R. App. 
P. 32(a)(6) because it has been prepar ed in a proportionally spaced 
typeface using Microsoft Word Centur y Schoolbook size 14-point font. 
 
/s/ Frank M. Lowrey IV  
Frank M. Lowrey IV Georgia Bar No. 410310 
[email protected] 
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 74 of 75 
 
#3393586v1 59 CERTIFICATE OF SERVICE 
 
I hereby certify that, on the date this certificate was signed, a copy 
of the foregoing was electronically filed with the Cler k of Court using 
the CM/ECF system which will automati cally send notification of such 
filing to all attorneys of record. 
Dated:  June 27, 2022 
 
/s/ Frank M. Lowrey IV   
Frank M. Lowrey IV Georgia Bar No. 410310 
[email protected] 
 USCA11 Case: 21-11329     Document: 44     Date Filed: 06/27/2022     Page: 75 of 75