Published decision in favor of insurer reversing and remanding for new trial a $836,000 judgment andupholding JNOV in favor of Insurer on a 1.9 million dollar punitive damages verdict for rescinding aninsurance policy due to material misrepresentations in connection...
Following a defense verdict the court of appeal upheld the jury verdict finding properly rescinded theinsurance policy due to material misrepresentations on the application.
The court of appeal affirmed non-suit in favor or the insurer on the grounds plaintiffs failed to completerepairs within the statutory time frame and could not recover replacement cost.
