Bcs Insurance Company v. Guy Carpenter & Co., Incorporated

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding that “insurance” and “reinsurance” have separate and distinct meanings under the Illinois Insurance Producers Limitations Act
• “The liability must be wholly derivative, resulting solely out of the agent’s actions.”
• “To prevail on a claim for implied indemnity, a plaintiff must establish: (1) that there was a pre-tort relationship between the indemnitor and the indemnitee, and (2) that the indemnitee was held derivatively liable for the acts of the indemnitor.”

Source: CourtListener parenthetical corpus (CC0).