Parenting-Furkids
Non Species Specific Furkid Topics => Reaching One Furkid Parent At A Time... => Issues Of Concern => Topic started by: DeeDee on January 22, 2018, 02:46:05 PM
-
. . .they're probably not going to get any money at all.
Someone lied on the insurance application, and now the insurance company isn't responsible for payment. I see a bankruptcy in someone's future.
http://www.poisonedpets.com/evangers/
Evanger’s Caught Lying, Now Have No Legal Defense Against Lawsuits
Evanger’s Dog and Cat Food Company is in deep trouble again – this time for lying to their insurance company. Now their insurance company, Colony Insurance Co., doesn’t owe Evanger’s a defense against allegations its product contained a drug that is used to euthanize animals because the owner of Evanger’s made false statements – essentially lied – when applying for the insurance policy.
The lawsuit accuses Evanger’s vice president, Joel Sher, of lying on an insurance policy that he had never been indicted for or convicted of certain crimes. Therefore, the insurance company is not obligated to pay for any damages resulting from lawsuits against Evanger’s.
According to the suit, Mr. Sher denied ever having been indicted for or convicted of fraud or bribery. When he applied for coverage to Colony, he answered “no” to the following questions on the insurance company application:
“During the last five years (ten in R.I.) has any applicant been indicted for or convicted of any degree of the crime of fraud, bribery, arson or any other arson-related crime in connection with this or any other property?”
-
Doh1