Default Vacated In Insurance Rescission Suit Over Not Disclosing Fraud Indictment

( January 29, 2025, 9:09 AM EST) -- BROOKLYN, N.Y. — A New York federal judge granted a construction company’s motion to vacate a certificate of default entered by the court after the company failed to timely respond to a suit by its insurer seeking to rescind insurance policies issued to the company for its alleged failure to disclose an indictment for insurance fraud, finding “that the default was not willful” and that “there is clearly no prejudice.”...