Pennsylvania should require proof of fraud on an application for insurance by clear and convincing evidence and should not adopt a “known loss” standard which drastically lowers the insurer’s burden.
Rohm and Haas Company vs. Continental Casualty Company
Year
1998
Court
Pennsylvania Supreme Court, Eastern District
Case Number
00670PHL98 & 00671PHL98
Issue
- "Known loss" standard vs. proof of fraud in application
State
- Pennsylvania