FIC: Insurers’ Ability to Deny Claims Based on Application Misrepresentation Restricted By Bill
By: Katrina Callaway, FIC General Counsel Buried in SB 1168, a Senate property insurance AOB reform bill filed on December 7, 2017, is a change in the law on the actions an insurer can take for misrepresentations or omissions on an insurance application that applies to ALL lines of insurance. Lines 56-81 of SB…