Metro Federal Credit Union v. Federal Insurance

MEMORANDUM OPINION AND ORDER

DAVID H. COAR, District Judge.

Plaintiff Metro Federal Credit Union (“Metro”) has filed a two-count complaint against Defendant Federal Insurance Company (“Federal”), alleging breach of contract and vexatious refusal to pay, in violation of Illinois law, 215 ILCS 5/155. Before the court is Federal’s motion to dismiss under Federal Rule of Civil Procedure 12(b)(6). For the following reasons, the motion is DENIED.

I. Background

Metro, a federally chartered credit union organized in Illinois under the Federal Credit Union Act, 12 U.S.C. §§ 1751 et seq., with its…