Timely Notice on Insurance Policy Is Equally Important for Additional Insureds

It’s well known by many insurance policyholders that the named insured on a policy must give timely notice of an insured loss to an insurance company or risk having the claim denied. However, the Illinois Appellate Court recently held that a policy’s additional named insured must also give timely notice to the insurer of both […]

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Insurance Policy Exclusions: When an Employee Isn’t an “Employee”

Insurance policies are as much a part of everyday life as death and taxes. With homeowners’ policies, automobile policies, general commercial liability policies, and many others, individuals and businesses often operate with a sense that they are protected against every kind of mishap. However, insurance companies continually limit the scope of the coverage they will […]

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Illinois Statute Tolls Time to File Insurance Claims

Many insurance policies limit the time an insured can bring a suit against its insurance provider. Generally speaking, these clauses prevent the insured from bringing a lawsuit against the insurance company if the suit falls outside of the timeframe allowed by the policy. However, Illinois has passed a law that may allow claims to proceed […]

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Think Your Commercial General Liability (“CGL”) Insurance Protects You From a Cyber-Attack? Think Again.

As the world around us becomes increasingly ever connected, the risk of a data breach of your computer system increases significantly. Instances of corporate data breaches are in the headlines more often that even before.  From the unprecedented hacking of Sony Entertainment just over a year ago, to the very recent hacking of Hollywood Presbyterian […]

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Verbal Agreement May Lead to Insurance Coverage

If your business is operating in Illinois with a commercial general liability policy, you may want to grab your policy and examine the language regarding the ability to name additional insureds. Many general liability policies include the right to extend coverage to other entities. This is done in order to provide liability to entities that […]

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When Does a Primary Insurer Have a Duty to Advise an Insured of Potential Excess Policy Exposure

An insurance company’s duty to its insured does not end with the appointment of counsel.  Rather, it extends past that and requires a primary insurer keep their insured abreast of the litigation progress, status and, as described in length in R.C. Wegman Construction Co. v. Admiral Insurance Co., that there would be excess insurance exposure […]

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