Insurer Seeks To Void Policy Over Prior Policy Cancellation Misrepresentation

( February 11, 2025, 12:16 PM EST) -- CHICAGO — An Arizona-based insurer sued its insured gym operator seeking to rescind a commercial lines policy based on the insured’s purported misrepresentations in the policy application by not providing information about a lapse in coverage, a nonrenewal due to a history of loss and a cancellation for nonpayment, arguing that the insurer would have issued the policy under different conditions, if at all, if the insured had provided accurate information....