Don't Miss The Boat On Rescission Claims

Law360, New York (March 5, 2013, 12:00 PM EST) -- As victims of Superstorm Sandy and their insurers continue to comb through their losses and their insurance policies, it is likely that the underwriting process that brought these parties together in the first place will be subject to intense scrutiny in certain cases. Suddenly, the information that the insured provided to the insurer in connection with its application for insurance coverage — once a distant memory — may take on renewed and critical significance.

For instance, what if it comes to light that the representations made...
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