New Jersey Panel Affirms Judgment For Insurer In Row Over $1M Auto Rental Coverage

( November 4, 2024, 2:21 PM EST) -- TRENTON, N.J. — A New Jersey appellate court on Nov. 1 affirmed a lower court ruling granting summary judgment to an insurer and rescinding for material misrepresentation a $1 million nonowned auto liability policy issued to a business operating a summer camp, finding that the lower court correctly determined that there was no ambiguity in a question in the policy application where the insured answered in the negative regarding renting vehicles but actually rented vans that were not covered under the policy....