A computer-implemented method of settling a subrogation claim by a shared ledger, the method comprising, via one or more processors, servers, and/or associated transceivers: generating a subrogation ...

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 ...

“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 ...

Supplementing the background information on this patent, NewsRx reporters also obtained the inventors’ summary information for this patent: “Systems and methods are disclosed for utilizing a ...

The volume and size of insurer payments under R&W insurance policies are increasing. According to a May 2023 Aon study, the average R&W insurance claim payment to Aon clients in 2022 was $9 million, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...

"The Court reasoned that subrogation, by definition, requires that the subrogee obtain the right to proceed against a third party and that the non-duplication provision provided no such right.

"We conclude that allowing an insurer's subrogation claim to deplete a tortfeasor's available liability coverage and then ...

Erin Cleavenger, The Dominion Post, Morgantown, W.Va. Jun. 16—A lawsuit filed in Monongalia County Circuit Court aims to deny the City of Morgantown and Benefit Assistance Company, LLC any payment ...