Citizens United Reciprocal Exchange v. Perez

The opinion of the Court was delivered by

HAYDEN, J.A.D.

Plaintiff Citizens United Reciprocal Exchange (CURE) filed a civil complaint seeking a declaration that an automobile insurance *529policy it issued based on a fraudulent application was void from its inception and that it had no financial obligation under the policy. The trial judge affirmed the voiding of the policy but found that, for purposes of innocent third parties, the voided policy should be reformed to the mandatory minimum liability insurance coverage under N.J.S.A. 39:6A-3 of $15,000 per person and $30,000 per occurrence. CURE…