Failure to Answer Question on Application for Insurance Truthfully Held to be...
Policyholders have an affirmative duty to read the questions asked on an insurance application carefully and will be bound by the answers provided. So stated the United States District Court of the...
View ArticleRescission Available to Insurer Whose Insured Lied in Insurance Application...
In Essex Insurance Company v. Galilee Medical Center S.C d/b/a MRI Lincoln Imaging Center, the insured, Galilee, represented to its insurer, Essex, that it did not offer any weight loss drugs to its...
View ArticlePresumed Innocent: But Rescission Still Available to Void Coverage Due to...
A court rescinded a Georgia attorney’s professional liability coverage after his partner stole more than a million dollars from clients and lied about it on their firm’s insurance application. A...
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