Arkansas Appeals Court: Man’s Misrepresentation On Property Size Voided Policy

(December 21, 2015, 10:17 AM EST) -- LITTLE ROCK, Ark. — An Arkansas trial court judge’s findings that a man’s misrepresentations on an insurance policy application stating that his property was smaller than 5 acres and that he was not conducting business on the property warranted the rescission of the policy were affirmed Dec. 16 by a state appeals court, which held that the insurer did not waive its argument that the misrepresentations were material (Timothy Caldwell v. Columbia Mutual Insurance Company, No. CV-15-276, Ark. App., Div. 4; 2015 Ark. App. LEXIS 815)....
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