Subrogation is the process by which your insurance company seeks financial reimbursement for claims it paid out but wasn’t financially responsible for. For example, if you were in a car accident but ...

Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.

“Don’t worry, we will get it back in subrogation.” These words are often heard in the insurance claims world to soften the blow of a significant settlement or judgment. They might be said to support ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. When car accidents happen, the ...

An increasingly common source of delay and confusion seems to be whether a contracting party will, or even can, waive its liability insurer’s subrogation rights against the other party, especially ...

Boards are generally not obligated by a co-op or condominium's operative documents to purchase liability or casualty insurance covering those portions of the building which are owned by the entity.

WASHINGTON (CN) - Reinforcing insurance subrogation provisions, the U.S. Supreme Court was unanimous Tuesday that federal regulations clearly put state laws second to such policies. The case stems ...

What is subrogation? Why am I being asked to waive it? Should I care? To answer that last question, let’s take a quick run at the first two. What Is Subrogation? “Subrogation” refers to the act of one ...

IRVINE, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Subrogation Leadership in the Woolsey fire successfully finalized a $2.2 billion settlement between Southern California Edison (“SCE”) and over 100 ...

Learn how waiver of subrogation clauses benefit tenants and landlords by preventing costly litigation. Discover types, uses, and limitations of these key lease provisions.