CHICAGO – U.S. Seventh Circuit judges directed District Judge David Dugan to remand a $3.5 billion suit against Country Mutual to St. Clair County Circuit Court on Oct. 2.
Country Mutual sued by policyholders for not sharing its profits insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.
Dugan denies motion to remand suit against Country Mutual madisonrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from madisonrecord.com Daily Mail and Mail on Sunday newspapers.
BELLEVILLE – Policyholders of the Country Mutual Insurance Company have filed a lawsuit against the company, claiming the insurer is in breach of contract as a mutual insurance company by not providing insurance at cost and returning surplus premiums to policyholders.
Notwithstanding the recent Cajun Conti policyholder victory in the Louisiana Court of Appeals, a federal district court judge in New Orleans has sided with the numerous federal rulings.