Insurer Entitled To Rescind Professional Liability Policies, Federal Judge Rules

Mealey's (September 20, 2016, 12:40 PM EDT) -- ROCKFORD, Ill. — An Illinois federal judge on Sept. 19 granted a professional liability insurer’s request to rescind three policies because of material misrepresentations that a patent and trademark attorney insured made on his application (Minnesota Lawyers Mutual Insurance Co. v. Jerry A. Schulman, et al., No. 14-50142, N.D. Ill., Eastern Div.; 2016 U.S. Dist. LEXIS 127261)....