Pennsylvania District Court Holds Materiality Does Not Require Fraud | Cozen O'Connor
To embed, copy and paste the code into your website or blog: A District Court in the Eastern District of Pennsylvania recently held that an insured’s submission of invoices altered to inflate replacement costs for water-damaged inventory constituted material misrepresentations. The court granted the insurer’s motion for summary judgment on its claims for declaratory judgment and violation of the Pennsylvania Insurance Fraud Act; however, the court held that the altered invoices fell short of satisfying the elements of common law fraud. In State Auto Property & Casualty Insurance Co....