AMI Stamping, LLC v. ACE American Insurance Co.

GRIFFIN, Circuit Judge.

In this insurance contract dispute, the district court ruled that defendant ACE American Insurance Company was entitled to rescind plaintiff AMI Stamping, LLC’s insurance policy because AMI made a material misrepresentation regarding property value at the time it applied for coverage. The district court granted summary judgment in favor of ACE. We affirm.

I

AMI is a Michigan limited liability company. Because it has no employees, it transacts business through its chairman or the employees of affiliated company Revstone Industries, LLC. Revstone purchases insurance for…