Judgment Recommended For Insurer Due To Insured’s ‘Material Misrepresentations’

Mealey's (April 4, 2023, 2:39 PM EDT) -- BROOKLYN, N.Y. — A New York federal magistrate judge on April 3 issued a report recommending that the court grant an underwriter and insurer’s declaratory judgment motion that a limited liability company cannot qualify as an additional insured and that the insurer and underwriter have no duty to defend in an underlying negligence lawsuit because the insured made alleged “material representations” in its insurance application regarding the contract between the company and the insured....