Willis Corroon Corporation v. The Home Insurance Company and Risk Enterprise Management Limited

TERENCE T. EVANS, Circuit Judge.

This action, which should be a run-of-the-mill dispute over insurance coverage, has taken several bad turns, necessitating a court trial on whether The Home Insurance Company was estopped from denying coverage to its insured, the Willis Corroon Corporation. The result was a finding of estoppel. Furthermore, Willis Corroon was granted attorney fees, costs, and a statutory penalty under § 155 of the Illinois Insurance Code, 215 ILCS § 5/155.

The Willis Corroon Corporation is, among other things, an insurance broker. It had a general liability policy with a $1…