Appellate Court of Illinois March 29, 2002, No. 1—00—3340 (Employers Reassurance Corp. v. Shapo)

JUSTICE COUSINS

delivered the opinion of the court:

Appellant Employers Reassurance Corporation (ERAC) was one of seven reinsurers of now-insolvent life insurance provider Inter-American Insurance Company of Illinois (Inter-American). There were five reinsurance agreements in force between Inter-American and ERAC.