MOUNDSVILLE – Nautilus Insurance Company is suing Iskcon New Vrindaban for breach of contract after it failed to pay for more than $6,000 in insurance premiums.
Nautilus issued a general liability policy of insurance for the period of Sept. 18, 2015, to Sept. 19, 2016, naming Iskcon as the insured, according to a complaint filed Oct. 6 in Marshall Circuit Court.
Iskcon is required to pay earned premiums based on the defendant’s actual gross receipts for the policy period, according to the suit.
Nautilus claims subsequent to the termination of the policy, it conducted an audit of the defendant’s business records on Dec. 6, 2016, to determine the actual gross receipts for the policy period, which showed that the defendant owed $6,771.70 for the entire policy period.
The defendant failed to pay the earned premiums, which constituted a breach of the policy, according to the suit.
Nautilus claims it made demand against the defendant for the sum, but Iskcon failed or refused to pay it.
Iskcon has been unjustly enriched at Nautilus’ expense, according to the suit.
Nautilus is seeking compensatory damages in the amount of $6,771.70 with interest. It is being represented by John R. Keating.
New Vrindaban is an unincorporated Hare Krishna community in Marshall County near Moundsville.
Marshall Circuit Court case number: 17-C-202