what is the major reason for a breach of utmost good faith 
reasons for breaches of utmost good faith include withholding relevant information and lying both of which would void a contract of utmost good faith the bottom lineprevalent in the insurance industry an uberrimae fidei contract requires the disclosure of all material information in good faith which if not done is grounds for termination of the contract uberrimae fidei contracts are particularly important in reinsurance which is when an insurance company transfers some of its risk to a reinsurance company 