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Innocent Insured Doctrine Doesn’t Preclude Policy Rescission for Misrepresentation in the Application

The Illinois Supreme Court recently held that the innocent insured doctrine was inapplicable to prevent rescission for an attorney’s misrepresentation in a renewal application notwithstanding the misrepresentation was made without the innocent partner’s knowledge. In Illinois State Bar Ass’n Mut. …

The post Innocent Insured Doctrine Doesn’t Preclude Policy Rescission for Misrepresentation in the Application appeared first on Claims Journal.

Source: Claims Journal