Judge Denies Default Judgment In Insurer’s Suit Seeking Rescission Of CGL Policy

(September 6, 2023, 1:48 PM EDT) -- MOBILE, Ala. — An Alabama federal judge on Sept. 5 denied an insurer’s motion for default judgment and dismissed a suit seeking rescission of a commercial general liability policy and a declaration that the insurer does not have a duty to defend the insured in an underlying breach of contract suit, finding that the court lacks subject matter jurisdiction because the insurer failed to show that the amount in controversy exceeds the $75,000 jurisdictional threshold....