Insurer Justified In Rescinding Marine Policy, Federal Judge Says

Insurer Justified In Rescinding Marine Policy, Federal Judge Says

SAN JUAN, Puerto Rico - A Puerto Rico federal judge on Oct. 9 entered judgment in an insurer's favor after determining that the insurer was justified in rescinding an ocean marine insurance policy because the insured misrepresented the value and condition of an insured drydock (Catlin $(Syndicate 2003$) at Lloyd's v. San Juan Towing & Marine Services Inc., Nos. 11-2093, 11-2116, D. Puerto Rico).

Find full version on lexis Advance®
Access this news story on lexis.com®