Illinois Panel Reverses Judgment For Engineer, Finds Insurer Entitled To Subrogation

(September 20, 2023, 1:40 PM EDT) -- CHICAGO — An Illinois appellate panel on Sept. 19 reversed a lower court’s grant of summary judgment to an engineering firm in a builders risk insurer’s suit seeking subrogation damages for the flooding of a building under construction, finding that the lower court erred in finding that the insurer did not meet the prerequisites for equitable subrogation because the insurer’s right to subrogate stemmed from the insurance contract....