Commercial Insurer Wins Judgment Finding Policy Void From Inception

Mealey's (January 30, 2023, 11:26 AM EST) -- BROOKLYN, N.Y. —  Judgment was entered in favor of an insurer after a federal judge in New York adopted a magistrate judge’s finding that the insurer had established that a company made material misrepresentations in its application for a businessowners policy, with the court entering a declaratory judgment that the policy is void from its inception and that the insurer is not obligated to pay any claims the company submits....