Michigan Panel Agrees With Lower Court That Policy Rescission Is Not Equitable

(June 11, 2024, 12:08 PM EDT) -- DETROIT — A split Michigan appellate court affirmed a lower court’s grant of summary disposition in favor of Allstate Insurance Co. in its suit against another auto insurer, seeking reimbursement for $521,872.82 in personal injury protection (PIP) benefits Allstate paid on behalf of a man fatally injured in a moped accident, finding that the other insurer failed “to show that the equities weighed in favor of enforcing rescission against him.”...