1. In the wake of recent corporate scandals, many insurers are increasingly attempting to rescind their policies based on a claim that a fraudulent misrepresentation was made to the insurance company in the application. State law differs widely as to their ability to deny coverage in this fashion;Co. v. JMR Elect. Corp., 848 F.2d,1988
2. In contrast, Texas law requires the misrepresentation to be made with an intent to deceive in order for coverage to be denied. See Union Bankers Ins;885 F. Supp. 1533, 1535 (N.D. Fla. 1995)
3. Arbitration. Consolidation of Separate Proceedings. Second Circuit Holds That Consolidation Is Governed by the Terms of the Parties' Agreements. Government of the United Kingdom of Great Britain v. Boeing Co., 998 F.2d 68 (2d Cir. 1993)