Insured’s Misrepresentation Allowed Insurer To Rescind Policy, Judge Rules

Mealey's (January 7, 2022, 9:08 AM EST) -- DETROIT — An insurer was entitled to rescind its insurer’s homeowners insurance policy after discovering that the insured had materially misrepresented in her application for insurance that the property taxes on her home were current at the time she purchased it by quitclaim deed, a federal judge in Michigan ruled Dec. 14 in granting the insurer’s motion for summary judgment on the insured’s breach of contract claim....