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.
American States Insurance Co. continues to press an Illinois judge to undo a jury's $5 million award to Chicago Import Inc. after in the insurer denied coverage for a warehouse fire, saying Monday the court erred by barring certain of the insurer's evidence while letting the importer present speculative opinions.
Chicago Import Inc. urged a federal judge on Monday not to disturb a $5 million jury verdict in its fight with American States Insurance Co. over allegedly wrongly denied coverage for a warehouse fire, saying the insurer was just recycling old arguments.
American States Insurance Co. on Monday sought a new trial or a reduction in a $5 million judgment an Illinois federal jury awarded a Chicago import company that alleged the insurer breached their contract by denying coverage for a 2007 warehouse fire.
An Illinois federal jury on Monday awarded a $5 million verdict in favor of an import company in its breach of contract suit against American States Insurance Co. in a dispute over $5 million in coverage for a 2007 warehouse fire.
An Illinois federal judge on Monday tossed an import company's bad faith claim against American States Insurance Co. in a dispute over $5 million in coverage for a 2007 warehouse fire, while ruling that the insurer can't rely on a neglect exclusion to try to bar coverage for the fire.