Please help me answer Q10 by identifying Issue, Rule, Application/Analysis, and Conclusion.

Thanks in advance!

by certify that I am in good health as of the ive date above. I further certify that I do not antly have, nor have I ever had, nor have 1 told I have, nor have I been treated within the ding 12 months for any of the following: any disease, or other cardiovascular diseases. warties to the case agreed that Milford did not missate any facts when he signed the appli- At trial, Vining presented evidence designed - that Enterprise routinely rescinded credit life after insureds' deaths and that the rescission ord's policy fit into this pattern. If Vining were correct? 10. Earl and Vonette Crowell owned a farm in Min- nesota. In 1980, they mortgaged the farm to Farm Credit Services and purchased a property insurance policy on the farm (including the farmhouse) from Delafield Farmers Mutual Insurance Co. Fire was among the perils covered by this policy, which ran from October 1985 to October 1988. When the Crowells fell behind on their mortgage payments. Farm Credit began foreclosure proceedings. Upon foreclosure, mortgagors such as the Crowells have a right of redemption for a specified time. The right of redemption allows the defaulting mortgagors to buy back their property after it has been sold Chapter Twenty-Seven Insurance Law 739 to someone else in the foreclosure proceedings. In insurable interest in the farmhouse. The Crow- November 1987, the Crowells' right of redemption ells therefore sued Delafield. Concluding that the expired. Minnesota law provides, however, that Crowells had an insurable interest in the farmhouse, farmers who lose their farms to corporate lenders the trial court granted summary judgment in their are given an additional opportunity to repurchase favor. Was the trial court correct? their farms under a "right of first refusal." This right meant that Farm Credit was forbidden to sell the farm to anyone else before offering it to the Crowells at a price no higher than the highest price offered by Online Research a third party. Farm Credit allowed the Crowells to remain on the farm while they attempted to secure State Regulation of Insurance financing to buy the property under their right of Most insurance regulation is done by the individual states. first refusal. In November 1987, a fire substantially Typically, a state agency named the Department of Insur- damaged the farmhouse. The Crowells filed a claim ance for something similar) will have significant supervisory and regulatory powers with regard to insurance companies, for the loss with Delafield. Although Delafield their business practices, and the policies they issue. paid the claim concerning the Crowells' personal Locate the website of the insurance department of a state effects that were located inside the farmhouse and of your choice. After reviewing information and material avail- were destroyed in the fire, it denied the claim on able on that website, prepare a brief report summarizing the the farmhouse itself. Delafield took the position insurance department's role in addressing complaints from that because the time period for the Crowells' right consumers regarding insurance company practices. of redemption had expired, they no longer had an