Insurer Tells 9th Circuit It Did Not Waive Its Right To Rescind Policies
(July 12, 2016, 5:28 PM EDT) -- SAN FRANCISCO — An insurer has asked the Ninth Circuit U.S. Court of Appeals to overturn a lower federal court’s ruling finding that it committed breach of contract and awarding its recycling company insured $745,540.29, arguing that it did not waive its right to rescind two consecutive insurance policies in a dispute over fire damage to the insured’s facility (Star Insurance Co. v. Sunwest Metals Inc., Nos. 15-56562 and 15-56568, 9th Cir.).
On Dec. 12, 2013, Star Insurance Co. sued its insured Sunwest Metals...