Agreeing with a trial judge that The Home Insurance Co.’s defense of an insured under a reservation of rights was, among other things, “ham-handed and witless,” and thus The Home is estopped from asserting policy defenses, the 7th U.S. Circuit Court of Appeals on Feb. 10 found that the insurer must provide coverage (Willis Corroon Corp. v. The Home Insurance Co., et al., No. 99-1799, 7th Cir.).

The 7th Circuit affirmed a $163,663 award under Section 155 of the Illinois Insurance Code for Home’s “vexatious and unreasonable” conduct. The court also affirmed attorneys’ fees and costs.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]