September 09, 2024
An insurer has no obligation to defend or indemnify a property management company or its owner in two underlying lawsuits accusing the owner of concealing financial information from a minority owner in a jointly formed laboratory, an Illinois federal judge said, finding that the underlying suits alleged intentional misconduct.
December 05, 2023
An insurer told an Illinois federal court Tuesday that it has no obligation to defend or indemnify a property management company or its owner in two underlying suits accusing the owner of embezzling from a medical lab company he partially owned, adding the lab as a defendant.