insurance applications News

NerdWallet: 1-in-5 Polled Say They Lied on Insurance Application

A new survey shows one-fifth of respondents admitted to intentionally providing incorrect information on an insurance application. NerdWallet and The Harris Poll conducted an online survey of more than 2,000 U.S. adults. It shows 21% have admitted to intentionally providing …

Courts Find ‘How Many Apartment Units Are There?’ Is an Ambiguous Question

Because its application question about how many apartments were in a New York building was considered ambiguous, an insurer has lost its bid to deny a commercial property insurance claim and rescind the policy. The Second Circuit Court of Appeals …

Insurers, Agents Spared in New Jersey Shooting Claims

A federal judge in New Jersey has ruled that a New Jersey property owner is not entitled to insurance coverage for a shooting because it never disclosed it owned the banquet hall where the shooting took place on its two …