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Insurance provider alleges construction business owes $229,000

By Michael Abella | Sep 27, 2016

EDWARDSVILLE — An insurance provider is suing an Illinois construction company, alleging it owes more than $229,000. 

Technology Insurance Co. filed a lawsuit Sept. 12 in Madison County Circuit Court against Oasis Construction Inc. of Troy, alleging failure to comply with the provisions of the workers compensation insurance policy.

According to the complaint, in 2016, Technology Insurance suffered monetary damages for not collecting payment for the defendant's premium in the amount of $229,052. The plaintiff alleges Oasis Construction has refused and continues to refuse to make payment for the insurance premium that is due.

Technology Insurance seeks trial by jury, judgment of $229,052, plus court costs. It is represented by attorney Michael S. Baim of The CKB Firm in Chicago.

Madison County Circuit Court case number 16-L-1289

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