{"id":3661,"date":"2014-05-21T10:00:45","date_gmt":"2014-05-21T15:00:45","guid":{"rendered":"http:\/\/injury.robertkreisman.com\/?p=3661"},"modified":"2019-10-17T10:53:01","modified_gmt":"2019-10-17T10:53:01","slug":"illinois-appellate-court-decides-duty-defend-insured","status":"publish","type":"post","link":"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-duty-defend-insured\/","title":{"rendered":"Illinois Appellate Court Decides Duty to Defend Insured"},"content":{"rendered":"

The Illinois Appellate Court has affirmed in part and reversed in part a case dealing with an insurer\u2019s duty to defend an insured.<\/p>\n

In this case, Hilco<\/a>, an Illinois corporation, had four related companies. They are Hilco Trading, and its three majority-owned subsidiaries, Hilco Appraisal, Hilco Valuation and Hilco Financial LLC.<\/p>\n

Hilco Trading purchased a professional liability insurance policy from the Liberty Surplus Insurance Corp.<\/a> The insurance policy provided a limit of $10 million in excess of the $250,000 deductible and required Liberty to defend Hilco if it were sued for any wrongful act regarding its professional services. In addition, Hilco bought a similar policy from Illinois Union, providing an additional $10 million limit beyond the Liberty policy.<\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Illinois Appellate Court has affirmed in part and reversed in part a case dealing with an insurer\u2019s duty to defend an insured. In this case, Hilco, an Illinois corporation, had four related companies. They are Hilco Trading, and its three majority-owned subsidiaries, Hilco Appraisal, Hilco Valuation and Hilco Financial LLC. Hilco Trading purchased a […]<\/p>\n","protected":false},"author":795,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"enabled":false},"version":2}},"categories":[49,19,82],"tags":[],"class_list":["post-3661","post","type-post","status-publish","format-standard","hentry","category-business-litigation","category-insurance-claims","category-shareholders-derivative-lawsuits"],"yoast_head":"\nIllinois Appellate Court Decides Duty to Defend Insured — Chicago Injury Lawyer Blog<\/title>\n<meta name=\"description\" content=\"The Illinois Appellate Court has affirmed in part and reversed in part a case dealing with an insurer\u2019s duty to defend an insured. In this case, Hilco, an\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.robertkreisman.com\/injury-lawyer\/illinois-appellate-court-decides-duty-defend-insured\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Illinois Appellate Court Decides Duty to Defend Insured — Chicago Injury Lawyer Blog\" \/>\n<meta name=\"twitter:description\" content=\"The Illinois Appellate Court has affirmed in part and reversed in part a case dealing with an insurer\u2019s duty to defend an insured. In this case, Hilco, an\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Robert Kreisman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Illinois Appellate Court Decides Duty to Defend Insured — Chicago Injury Lawyer Blog","description":"The Illinois Appellate Court has affirmed in part and reversed in part a case dealing with an insurer\u2019s duty to defend an insured. 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