Illinois High Court Will Not Review Attorneys Fees Ruling

CHICAGO - The highest court in Illinois has refused to allow Amerisure Mutual Insurance Co. to appeal the vacatur of a portion of an arbitration ruling that awarded attorneys fees to the insurer. Amerisure Mutual Insurance Co., et al. v. Global Reinsurance Corporation of America, No. 08-42242 (Ill. App., 1st Div.).

The Illinois Supreme Court on Sept. 29 refused to review an appellate court's ruling that the award of attorneys fees violated the state insurance code.

In 2001, Amerisure Mutual Insurance Co. and Global Reinsurance Company of America entered into an umbrella quota share reinsurance agreement, under which Global agreed …