Legal Opinion
RBC Mortgage Co. v. National Union Fire Insurance
Appellate Court of Illinois
Decided June 30, 2004No. 1-03-0776PublishedCited by 19 opinions
1Opinion of the CourtJustice Hartman
Plaintiffs, RBC Mortgage Company (RBC) (formerly Prism Mortgage Company) and First City Financial Corporation (First City) appeal from the circuit court’s section 2 — 615 (735 ILCS 5/2 — 615 (West 2000)) dismissal of their action for indemnity under a financial institution bond issued by defendant, National Union Fire Insurance Company of Pittsburgh (National Union). On review, RBC and First City (sometimes collectively RBC) contend that the court erred in finding that the bond does not afford coverage to RBC for payments made to a third party under a settlement agreement.
First City is a…
2Cases cited29 opinions
- Outboard Marine Corp. v. Liberty Mutual InsuranceIllinois Supreme Court · 1992
- Lynch Properties, Inc. v. Potomac InsuranceCourt of Appeals for the Fifth Circuit · 1998
- Western Casualty & Surety Co. v. BrochuIllinois Supreme Court · 1985
- Dowd & Dowd, Ltd. v. GleasonIllinois Supreme Court · 1998
- Dillon v. Evanston HospitalIllinois Supreme Court · 2002
24 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- First State Bank of Monticello v. Ohio Casualty InsuranceCourt of Appeals for the Seventh Circuit · 2009
- Retail Ventures, Inc. v. National Union Fire InsuranceCourt of Appeals for the Sixth Circuit · 2012
- Universal Mortgage Corp. v. Württembergische Versicherung AGCourt of Appeals for the Seventh Circuit · 2011
- Frontline Processing Corp. v. American Economy InsuranceMontana Supreme Court · 2006
- Direct Mortgage Corp. v. National Union Fire InsuranceDistrict Court, D. Utah · 2008
14 more not listed; retrieve them via the Exa API.