Insurance
Feb. 21, 2003
Only Material Misrepresentation Justifies Rescission
Focus Column - Insurance Law - By Kirk A. Pasich - In the face of reports of widespread accounting irregularities, "off balance sheet financing" and other misstatements and omissions on corporate balance sheets, insurance carriers are challenging coverage by contending that the alleged wrongs that gave rise to suits against their insureds also give the carriers a right to rescind their policies.
Insurance Law
By Kirk A. Pasich
In the face of reports of wi...
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