A non-disclosure of misrepresentation of a material circumstance, by an assured, reassured or broker, during negotiations leading to the conclusion of the contract, whereby the underwriter is misled in his appreciation of the risk.
The Rantings of the barely human.
A non-disclosure of misrepresentation of a material circumstance, by an assured, reassured or broker, during negotiations leading to the conclusion of the contract, whereby the underwriter is misled in his appreciation of the risk.