Life Insurer Sues Insured Over $1M Policy, Seeks Policy Voidance For Fraud

( March 18, 2025, 9:21 AM EDT) -- SANTA ANA, Calif. — A life insurer sued its purported insured in a California federal court seeking to rescind and void a $1 million policy because the application for insurance was allegedly submitted by someone other than the proposed insured, who “fraudulently” masqueraded “as the purported applicant and proposed insured,” asserting that had it known that someone other than the insured submitted the application, it would not have issued the policy....

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