Month: November 2013
What Does Delayed Notice to an Insurer Mean in Illinois?
In the vast majority of states, when an insurance company intends to deny a claim by its insured because the insured did not promptly notify the insurance company of a potential tort claim, the insurance company must show that it was prejudiced by the delay in or lack of notice. Illinois is one of only
Protection and Compliance under the Illinois Automatic Contract Renewal Act
Contracts rarely exist in a vacuum: successful business relationships usually beget more successful business, and a convenient method to nurture these relationships is to provide for such in the contract through an automatic contract renewal clause. Automatic renewal provisions, sometimes referred to as “evergreen clauses,” can be a helpful way to secure future business. They