Austin Highlands Development Co. v. Midwest Insurance Agency, Inc.

Illinois Appellate Court
Civil Court
Statute of Limitations
Citation
Case Number: 
2020 IL App (1st) 191125
Decision Date: 
Thursday, January 30, 2020
District: 
1st Dist.
Division/County: 
Cook Co., 4th Div.
Holding: 
Affirmed.
Justice: 
BURKE

Plaintiff sued Defendant for failing to procure an insurance policy that protected it against claims later raised in a federal class action suit against it. Court properly dismissed Plaintiff's suit as untimely. Plaintiff's cause of action accrued when it received the policy in question, and it failed to file suit within 2 years thereafter, which is that statute of limitations for causes of action against insurance producers. (LAMPKIN and REYES, concurring.)