( July 6, 2026, 7:59 AM EDT) -- LAS VEGAS — A commercial crime insurer filed suit in a Nevada federal court seeking a declaratory judgment that it has no duty to indemnify an insured for its alleged $106,184,673 loss arising from a commission scheme by two of its former directors and officers involving the sale of COVID-19 test kits, further asserting that it may rescind the insurance policy based on the insured’s misrepresentation of a material fact regarding its knowledge of the scheme in the policy application....