Subrogating property losses, within the context of the landlord and tenant relationship, can add layers of complexity outside of the general issues that come with all property claims, such as cause and origin of the loss and actual damages incurred. Before expending costs and time, one issue worth analysis is...
Exceptions to the Economic Loss Doctrine
Economic Loss Doctrine An economic loss refers to a financial loss and damages suffered by a person or entity, which arise from a defect in the qualitative nature of the product, service, or improvement that was bargained for. Generally, an economic loss is observed on assets (i.e., “the books”) rather...
Navigating the Illinois Economic Loss Doctrine
The Illinois Economic Loss Doctrine, or the Moorman Doctrine as it is known in Illinois, can be a roadblock to recovery. Before you close your file, take a closer look, armed with exceptions that may help you navigate your way to the other side.
Take Caution When Fronting At Fault Party’s Carrier Limit
We have all been there before. Your insured is injured and the at fault party is underinsured. The at fault party’s carrier offers policy limits but your company elects to front the limits and retain subrogation rights. The two-year bodily injury statute of limitations is approaching and your adjuster has...
Condo Property Damage Claim Issues in Chicago, Illinois
In Chicago, we often find property loss claims that occur at condominium units. Aside from general issues that come with all property claims, such as cause and origin of the loss and actual damages incurred, two issues should be investigated from the outset.
Claims Against Interstate Bankers Casualty Company
The Illinois Insurance Guaranty Fund is now responsible for all obligations related to claims against IBC insureds that had been pending. Contact one of our Chicago, Illinois subrogation attorneys if you have any questions about IBC, liquidation, or other pending claims.
Keis George Celebrates 30 Years of Subrogation
Established in 1985, the law firm of Keis George LLP recently commemorated 30 years of providing full service legal representation to insurance companies in subrogation matters across throughout the United States.
Shaun E. Young and Brad Krapfl Named Partner
Keis George LLP is committed to fostering the professional development and growth of our team of skilled attorneys and staff. We are proud to confirm Brad Krapfl and Shaun E. Young have been named partner.