Federal Judge: 3rd Party Lacks Standing To Bring Section 155 Claim Against Insurer

Mealey's (February 24, 2022, 1:45 PM EST) -- CHICAGO — A federal judge in Illinois on Feb. 17 granted an insurer’s motion to dismiss a third party’s claim that it violated Illinois Insurance Code Section 155, denied the insurer’s motion to dismiss a declaratory judgment claim and granted the insurer’s motion to stay the coverage case pending adjudication of an underlying copyright infringement lawsuit, finding that the plaintiff lacks standing to bring a Section 155 claim....