Judge Dismisses Insureds’ Claim For Damages Under Illinois Insurance Code

Mealey's (February 9, 2016, 10:24 AM EST) -- CHICAGO — Insureds failed to assert a claim for damages under Section 155 of the Illinois Insurance Code for an insurer’s refusal to provide coverage for water damage, an Illinois federal judge ruled Feb. 8, dismissing the claim (9557, LLC and River West Meeting Associates, Inc. v. Travelers Indemnity Company of Connecticut, No. 15-10882, N.D. Ill.; 2016 U.S. Dist. LEXIS 15147)....