Abbott Laboratories v. Granite State Ins. Co.

MEMORANDUM OPINION AND ORDER

SHADUR, District Judge.

Abbott Laboratories and Abbott Laboratories International Company (collectively “Abbott” in the singular) has brought this four-count diversity action challenging the refusal by its insurer, Granite State Insurance Company (“Granite”), to indemnify Abbott for certain insured losses:

1. Count I is a contractual claim for the amount due on the insurance policy. 2. Count II is based on Illinois Insurance Code § 155 (“Section 155”), 111.Rev. Stat. ch. 73, § 767, which permits certain extraordinary costs to be taxed against an insurer that…