Diamond Residential Mortgage Corporation v. Liberty Surplus Insurance Corporation

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION DIAMOND RESIDENTIAL MORTGAGE ) CORPORATION, ) ) Plaintiff, ) No. 19-cv-06439 ) v. ) Judge Andrea R. Wood ) LIBERTY SURPLUS INSURANCE ) CORPORATION, ) ) Defendant. ) MEMORANDUM OPINION AND ORDER Plaintiff Diamond Residential Mortgage Corporation (“Diamond”), a mortgage loan provider, has sued its insurance carrier, Defendant Liberty Surplus Insurance Corporation (“Liberty”), for breach of contract. After a senior Diamond employee defrauded customers for his own financial benefit and submitted fraudulent…