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"Inadequate Consideration” Provision Bars Coverage for Securities Fraud Settlements

In a win for Wiley’s client, the United States District Court for the Eastern District of Wisconsin, applying Wisconsin law, has held that settlements of shareholder class actions alleging that the insured issued a misleading...more

Insurer Entitled to Rescind Due to Misrepresentations on Application

The United States District Court for the Central District of California, applying California law, has ruled that an insurer could rescind a policy issued after a homeowners association falsely claimed in its application that...more

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