Excess Insurer’s Rescission Claim Withstands University’s Materiality Challenge

(February 11, 2022, 7:34 AM EST) -- LOS ANGELES — A federal judge in California on Jan. 21 ruled that dismissal of an excess liability insurer’s rescission claim in a coverage dispute with the University of Southern California (USC) over allegations that the university failed to disclose allegations of sexual harassment and racial discrimination against a former employee is not warranted because the insurer has sufficiently shown that USC should have known that the allegations were material to the insurer’s decision to issue the policy....