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Full Disclosure in Insurance Applications

By Alicia G. Curran and Gregory S. Hudson
July 02, 2015

In Illinois State Bar Association Mut. Ins. Co. v. Law Office of Tuzzolino and Terpinas , 5 N.E.3d 1123 (Ill. 2014), the Illinois Supreme Court held 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.

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