Guarantee Trust Life Insurance Company v. Platinum Supplemental Insurance, Inc.

Illinois Appellate Court
Civil Court
Arbitration
Citation
Case Number: 
2016 IL App (1st) 161612
Decision Date: 
Friday, December 9, 2016
District: 
1st Dist.
Division/County: 
Cook Co., 6th Div.
Holding: 
Affirmed.
Justice: 
ROCHFORD

Life insurance company filed suit against insurance company and its founder for claims stemming from marketing agreement. That agreement contains no provisions for resolution of dispute/breach by litigation rather than by arbitration. Thus, Plaintiff's claims are subject to mandatory arbitration as provided in agreement. Stay of Plaintiff's litigation is warranted because there may be no need for further litigation after resolution of arbitration. (HOFFMAN and CUNNINGHAM, concurring; HOFFMAN, specially concurring).