Ill. High Court's Rescission Ruling A Warning For Firms

By Jeff Sistrunk (February 25, 2015, 6:12 PM EST) -- The Illinois Supreme Court's recent ruling that the "innocent insured" doctrine couldn't prevent an insurer from using rescission to terminate a law firm's malpractice policy strengthened the defense for insurers and shows that firms need to be on guard against material misrepresentations on malpractice policy applications, attorneys say....

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