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Home / Opinion Digests / Boat owner’s claim was fraudulent (access required)

Boat owner’s claim was fraudulent (access required)

Where the owner misrepresented the condition of his boat in order to reinstate previously cancelled coverage, and the insurance carrier paid $15,389.92 before it discovered the fraud, the carrier had no further responsibility and was entitled to recoup the monies it paid. Background Geico Marine Insurance Company, or GMIC, issued a policy to Walter Lee Graves for ...