Failure to notify an insurer of a claim on a timely basis justifies a decision not to defend the parties to the lawsuit, the Illinois Supreme Court ruled yesterday, upholding existing precedent in that state on the issue.
The decision supports a friend of the court brief filed on behalf of the insurer in a case by the Illinois Insurance Association and the National Association of Mutual Insurance Companies.
"This is a very fair decision and a positive result for insurers doing business in Illinois," said Marsha Harrison, regulatory affairs counsel for NAMIC. "For the Supreme Court to decide otherwise would have turned Illinois insurance contract law on its head."
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