Coverage Barred By Policy’s Water Damage Exclusion, Illinois Panel Affirms
Mealey's (September 10, 2015, 1:59 PM EDT) -- CHICAGO — An Illinois appeals panel on Sept. 4 affirmed a lower court’s ruling that coverage for insureds’ internal water damage caused by heavy rainfall is barred by the commercial insurance policy’s water damage exclusion (Chicago Title Land Trust No. 800234943, et al. v. Catlin Specialty Insurance Co., No. 1-14-3576, Ill. App., 1st Dist., 6th Div.; 2015 Ill. App. Unpub. LEXIS 1996).
(Order available. Document #51-150917-003R.)
Chicago Title Land Trust No. 800234943 held the legal title to a building that consisted of approximately 90 apartments and...