Rescission Of Liability Policy Over Application Misstatements Upheld

Mealey's (February 9, 2022, 12:48 PM EST) -- SAN FRANCISCO — A federal district court did not err in granting an insurer’s motion for summary judgment in a lawsuit seeking rescission of a nonprofit organization liability insurance policy and declarations that the insurer had no duty to defend or indemnify a homeowners association or its property manager in lawsuits filed against them because the homeowners association made material misrepresentations in its insurance application, a Ninth Circuit U.S. Court of Appeals panel ruled on Feb. 7 in affirming....