trying to take an objective look at it...if Carolina takes premium payments from Globetel then as a business matter would not some form of coverage be owed to Globetel? It does not say any claim will be rejected it says they reserve the right. Otherwise why not just cancel it?
That leads me to believe they would evaluate the claim and if it stemmed from the unreported information, they reserve the right to reject that type of claim. You will argue the wording as unequivocal, however if that were to stand as such and they took money, then they would be engaging in a game of 'gotcha' that doesn't make sense to me.