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STEEL CITY NAT'L BANK OF CHICAGO v. AETNA INS. CO.

No. 82-1878.

116 Ill. App.3d 7 (1983)

452 N.E.2d 65

STEEL CITY NATIONAL BANK OF CHICAGO, Plaintiff-Appellant, v. AETNA INSURANCE COMPANY, Defendant-Appellee.

Appellate Court of Illinois — First District (5th Division).

Opinion filed June 30, 1983.

Attorney(s) appearing for the Case

Frederick S. Stein, of Chicago (Paul M. Seeley and Joel L. Chupack, of counsel), for appellant.

Clausen, Miller, Gorman, Caffrey & Witous, P.C., of Chicago (Norman A. Miller, James T. Ferrini, Robert H. Mittelman, and Matthew B. Schiff, of counsel), for appellee.

Judgment affirmed.

JUSTICE LORENZ delivered the opinion of the court:

Plaintiff appeals from an order dismissing its complaint for damages for failure to state a cause of action. The sole issue on appeal is whether section 143.1 of the Illinois Insurance Code (Ill. Rev. Stat. 1981, ch. 73, par. 755.1, effective January 1, 1982), applies retroactively to a claim previously barred by the insurance policy limitations.

Pertinent to the issue are the following...

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