Insurer Dismisses Suit To Void Policy, Deny Coverage For Code Violation Fraud

(September 11, 2024, 8:19 AM EDT) -- LOS ANGELES — A commercial insurer, without explanation, dismissed without prejudice its suit against its insured limited liability company in a California federal court seeking rescission of the insured’s policy and a declaration that the insurer is not obligated to pay for fire damage to the property due to the insured’s alleged material misrepresentations in the policy application regarding the absence of safety code violations and liens on the property when an investigation revealed otherwise....