Pennsylvania Federal Judge: Rescission Of Insurance Policy Was Warranted

(February 2, 2016, 10:41 AM EST) -- PITTSBURGH — An insurer did not waive its right to rescind a product contamination insurance policy because the insured’s misrepresentations on its policy application were intentional and material to the insurer when it issued the policy, a Pennsylvania federal judge said Feb. 1 in disagreeing with an advisory jury’s conclusion that the insurer waived its right to rescind the policy (H.J. Heinz Co. v. Starr Surplus Lines Insurance Co., No. 15-0631, W.D. Pa.; 2016 U.S. Dist. LEXIS 11737).

(Opinion available. Document #03-160203-008Z.)

H.J. Heinz Co. filed...
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