AIG Hit With Decorative Firm’s Suit Over M&A Misrepresentation

A decorative surface provider is suing an American International Group Inc. unit, seeking insurance coverage for a ...
Canadian Underwriter

Navigating Risk: Misrepresentation, Fraud, and the Loss of Coverage Defences – Live Webinar

What really happens when an insurer discovers a misrepresentation after a policy is issued or a claim is filed? What’s the impact if the insurer takes action before properly considering its rights?
SlicksAndSticks

Kyle Busch Loses $8.5M in Shocking Insurance Scam

Two-time NASCAR champ Kyle Busch lost $8.5M in a life insurance scam. Learn about the Kyle Busch insurance scam and his ...
JD Supra

Policy Rescinded Based on Insured’s Material Misrepresentation in Renewal Application

An Indiana federal court, applying Indiana law, has held that an insurer could rescind a claims-made-and-reported professional errors and omissions policy based on misrepresentations made by the ...
Reuters

Australia sues IAG's unit for allegedly misleading thousands of customers

Sept 23 - The Australian Securities and Investments Commission on Tuesday initiated Federal Court proceedings against RACQ Insurance, a unit of Insurance Australia Group (IAG.AX), opens new tab, ...

‘Material change’ clause won’t alter health insurance coverage, says ICICI Lombard

ICICI Lombard clarifies that the 'material change' clause will not affect coverage or premiums after policy issuance, ...