EPISODE · Jan 13, 2020 · 7 MIN
How does Illinois interpret insurance policies? (Ep. 17)
from Michael's Insurance Podcast · host Michael Young
Michael discusses whether Illinois applies a textual or functional approach to insurance policy interpretation. The Illinois appellate court's recent decision in Lloyd's v. Metropolitan Builders, Inc. (https://courts.illinois.gov/Opinions/AppellateCourt/2019/1stDistrict/1190517.pdf), which reviewed whether coverage for a construction defect claim could be found under a commercial general liability policy, is used as an example.
What this episode covers
Michael discusses whether Illinois applies a textual or functional approach to insurance policy interpretation. The Illinois appellate court's recent decision in Lloyd's v. Metropolitan Builders, Inc. (https://courts.illinois.gov/Opinions/AppellateCourt/2019/1stDistrict/1190517.pdf), which reviewed whether coverage for a construction defect claim could be found under a commercial general liability policy, is used as an example.
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How does Illinois interpret insurance policies? (Ep. 17)
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