6th Circuit Affirms: Failure To Disclose Overdue Taxes Is Material Misrepresentation

Mealey's (November 29, 2022, 11:42 AM EST) -- CINCINNATI — A trial court did not err in granting summary judgment to a homeowners insurer that rescinded a policy after learning that the prior homeowner had failed to pay property taxes, the Sixth Circuit U.S. Court of Appeals found, affirming the lower court’s finding that the insured made a material misrepresentation and rejecting the insured’s argument that even if the insurer was aware of the overdue taxes, it would have been required to issue the policy under Michigan’s Essential Insurance Act....