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Full Disclosure in Insurance Applications

The Illinois Supreme Court held in 2014 that an insurer could rescind a malpractice policy due to material misrepresentations made in the insurance application, even though the rescission left other attorneys who did not take part in the application and were not involved in the underlying misconduct (innocent insureds) without coverage.

20 minute read July 02, 2015 at 12:00 AM
By
Alicia G. Curran and Gregory S. Hudson
Full Disclosure in Insurance Applications

In Illinois State Bar Association Mut. Ins. Co. v. Law Office of Tuzzolino and Terpinas

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