Judge Won't Undo $5M Warehouse Fire Verdict

Law360, New York (August 17, 2016, 2:26 PM EDT) -- An Illinois federal judge on Tuesday refused to scrap a $5 million verdict against American States Insurance Co. for failing to reimburse a Chicago-based import company after a warehouse fire, striking down the insurer's claim that erroneous evidence warranted a new trial or immediate judgment.

U.S. District Judge Manish S. Shah denied American States' bid for a new trial, judgment as a matter of law or a lowered verdict award, after an Illinois federal jury in March sided with Chicago Import Inc. on its claim that the insurer breached its contract after denying coverage of a 2007 warehouse fire. The judge...

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