USX Corp. v. Liberty Mutual Insurance
645 N.E.2d 396 | Appellate Court of Illinois | 1994
Holding Summary
A subcontractor's promise to include a general contractor under the subcontractor's self-insurance program constitutes an unenforceable indemnity agreement under Illinois law, not a valid insurance contract, because self-insurance is merely a private promise to indemnify rather than actual insurance.
Self-insurance is in fact a mere private promise to indemnify.
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