Policy’s Exclusion Of Reduced Value Coverage Not A Misrepresentation, Panel Says

Mealey's (March 23, 2021, 9:18 AM EDT) -- SAN FRANCISCO — A Ninth Circuit U.S. Court of Appeals panel on March 18 affirmed the dismissal of a putative class action brought by an insured who alleged fraud, racketeering, misrepresentation and violations of California’s unfair competition law (UCL) based on the insurer’s denial of his claim for the reduced value of his vehicle caused by a collision after the insurer paid to repair his vehicle....