• Rescission: A Defense by Any Other Name?
  • March 21, 2011 | Authors: James R. Murray; Shavon Smith
  • Law Firm: Dickstein Shapiro LLP - Washington Office
  • Rescission is an action to have an entire insurance policy treated as void. If rescinded, the policy is treated as if it never existed. The insurance company is excused from paying any claims, can recover for amounts paid on past claims, and the policyholder is entitled to receive back the premium paid to the insurance company.