Zalma's Insurance Fraud Letter - July 1, 2022

Published: July 1, 2022, 1:13 p.m.

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ZIFL Volume 26 Number 13  ZIFL-07-01-2022.  

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\\nThe July 1, 2022 issue of Zalma\'s Insurance Fraud Letter you will be  able to read the full text of articles including:  Bases for Rescission   Rescission Is an Equitable Remedy First Created in The Ecclesiastical  Courts of Elizabethan England.  When the United States was conceived in 1776 the founders were concerned  with protecting their rights under British common law.  

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Common Law is a form of law developed by judges through tribunals and  decisions of courts rather than executive branch action and legislative  statutes.  Following the common law tradition, legal principles were referred to  courts of equity to \\u201cmitigate the rigor\\u201d of the common law.  The new United States of America adopted British common law as the law  once the U.S. Constitution was adopted in 1789. British common law was  only modified by the limitations placed on the central government by the  Constitution.  The viability and ability to enforce contracts was recognized as  essential to commerce. Courts of law, following the British Common Law,  were charged with enforcing legitimate contracts and rendering money  judgments against the party who breached the contract.  

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Another Florida Insurer Goes Broke  Southern Fidelity Insurance Company has entered into receivership and is  being liquidated, according to the Florida Office of Insurance  Regulations (FLOIR)

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