Illinois Supreme Court Should Clarify Insurance Law: Part 1

Law360 (March 13, 2018, 5:37 PM EDT) -- The Illinois Supreme Court is reviewing one and possibly both of two 2017 decisions from the appellate court that reached irreconcilably contradictory conclusions on the timeliness of an insured’s lawsuit against his insurance producer for not procuring the insurance policy that he thought he bought. One — persuasively — decided that the limitations period for this claim began to run once the policy was delivered to the insured. The other — unpersuasively — decided that this period did not begin to run until much later, when the insurance company denied the insured’s claim for coverage. The Supreme Court ought to adopt...

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