( May 29, 2025, 1:55 PM EDT) -- FORT MYERS, Fla. — A Florida federal magistrate judge on May 28 issued a report and recommendation advising granting default judgment to an insurer in its suit seeking to rescind a $400,000 life insurance policy for alleged policy application material misrepresentations regarding health status, finding that because the allegations in the complaint are deemed admitted by the insured’s default, the insurer is permitted to rescind the policy....