Month: May 2024
Umbrella Insurer Obligations under BIPA: Thermoflex Waukegan LLC v. Mitsui Sumitomo Insurance USA Inc.
Umbrella insurance policies provide excess liability above the limits of one’s typical insurance policy. Umbrella insurers cover any incidents that are not specifically excluded, such as some professional or business activities or any liabilities you agree to assume. On May 17, 2024, in Thermoflex Waukegan LLC v. Mitsui Sumitomo Insurance USA Inc., the 7th Circuit