An insurance company said it should not have to pay claims or lawsuits stemming from a Christmas morning fire that killed five people because a contractor renovating the house misrepresented the type and scope of work his company performs.
Utica First Insurance Co. argued in a lawsuit filed last week in New York that Michael Borcina misrepresented the number of employees with his company, Tiberias Construction, its sales and payroll, and size and type of work it performs. The insurer says if it knew the facts, it would not have issued the policies. Read more..
(Insurance Journal April 30, 2012)
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