Weisberg v. Royal Insurance Co. of America

Plaintiffs appeal from the dismissal of their action to recover an amount allegedly due them under a homeowner’s insurance policy issued by defendant. The sole question before us is the applicability of section 143.1 of the Illinois Insurance Code (section 143.1) (Ill. Rev. Stat. 1981, ch. 73, par. 755.1) to policies issued prior to that statute’s effective date of January 1, 1982.

Plaintiffs and defendant entered into a contract of insurance covering damage or loss to plaintiffs’ residence and various items of personal property, which included theft losses. The policy was renewed annually…