The Appellate Court reversed the trial court and found that the insured had an insurable interest in the house even though the court found that the transaction was an equitable mortgage. The decision was a rule 23 one. http://www.state.il.us/court/R23_Orders/AppellateCourt/2011/1stDistrict/1103026_R23.pdf Above is a copy of the decision. Keil Larson
Manage Cookie Consent
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.