(September 9, 2024, 1:53 PM EDT) -- ST. LOUIS — The Eighth Circuit U.S. Court of Appeals on Sept. 6 affirmed a lower federal court’s summary judgment ruling in favor of an insurer in Iowa insureds’ breach of contract and bad faith lawsuit arising from their property damage caused by a derecho, rejecting the insurers’ contention that the lower court lacked subject matter jurisdiction and finding that the insurer did not breach the contract when it refused to pay the insureds the remaining replacement cost value....