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No Misrepresentation or False Warranty made by Insured in Negotiating Insurance Policy shall Defeat or Avoid Policy unless Made with Actual Intent to Deceive or Materially Affect Acceptance of Risk or Hazard Assumed by Company
In Illinois State Bar Ass’n. Mutual Insur. Co. v. Brooks, Tango Music, LLC (“Tango”) hired attorney Douglas Tibble (“Tibble”), a partner in McBride, Baker and Coles (“MBC”), to sue Deadquick Music, Inc. (“Deadquick”) for breach of contract and fraud. When Tango learned of the dismissal of its complaint, it contacted Tibble and told him it […]
Previous Stories
- Use of “Four Corners” Approach to Review Multiple Facultative Reinsurance Contracts for Ambiguities
- Insurer does not Waive Contractual Limitation Period Provision within Homeowners Policy when Insurer Denies Liability
- Vacating Order of Default and Judgment
- Insured’s Written Notice Given within Reasonable Time does not Violate Notice Provision
- Corporate Fiduciary Act Tolls Contractual Termination Provision of Financial Institution Crime Bond Insurance Policy
- Underlying Construction Negligence Complaint Alleges Additional Insured’s Sole Negligence as Cause of Employee’s Injury
- Parol Evidence is not Necessary to Determine Meaning of Unambiguous Employment Contracts
- Owner’s Duty to Insure Property on Behalf of Non-Occupying Common Tenants and Sharing of Insurance Proceeds
- Insurance Company Representative’s Duty to Inform Insured about Changes in Renewal Policy
- Insurable Interest at Time the Policy is Issued and at the Time of Loss are Essential to the Validity of Insurance Policy
- Duty to Defend a Liquidating Trust Created in Bankruptcy Proceedings
- Proper Notice to Governmental Agency for Effective Cancellation of Insurance Policy
- Negligent Misrepresentation Claim not Necessarily Excluded from Homeowner’s General Liability Coverage if Insured did not Expect or Intend Injury
- Insured’s Unreasonable Notice of a Suit to Excess Insurer Deprives Insurer to Participate in Defense
- Arbitrator’s Final Award Addresses Whether All Installment Payments Due Under Share Purchase Agreement
- Insurable Interest in Building under Contract to be Demolished
- Terms Found Only In Headings Cannot Exclude Coverage
- “Business Pursuits” Coverage Exclusion
- The Issue of Coverage is not for Arbitration
- Excess Clauses in Conflict Cancel Each Other Out
- New Illinois Act Mandates Settlement of Claims With Strict Time Limits
- General Contractors and Subcontractors
- Don’t Leave Money on The Table – The Illinois Interest Act
- Additional Insureds and Claims “Arising out of” the Named Insured’s Negligence
- Insurance Targeted Tenders as Applied to Car Insurance
