Judgment Granted To Insurer In Suit Over Rescission, Underlying Suit Defense

( March 7, 2025, 8:43 AM EST) -- NEWARK, N.J. — A New Jersey federal judge granted an insurer’s motion for default judgment in its suit seeking a declaratory judgment that it is entitled to rescind policies issued to its insured contractor and owes no duty to defend or indemnify the contractor in underlying state court litigation, finding “no circumstances that would render the entry of default judgment improper.”...