The Supreme Court of Pennsylvania ruled on January 21 that Erie Insurance Exchange cannot use its subrogation rights to ...

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 ...

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, ...

When an insurance company becomes insolvent, state liquidation statutes govern how the company’s remaining assets are distributed among claimants. Each state has a priority of distribution statute ...

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 ...

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 ...

Discover how conventional subrogation allows insurers to recover damages from third parties, facilitating quick settlements ...

As is well known, in the event a third-party tortfeasor is responsible for an individual's work-related injury, the injured worker may bring a civil action arising out of the incident that caused the ...

The subrogation claim was brought by the insurer of the entity providing labor and facilities for the Guaymas center, seeking recovery for amounts previously paid to Williams International Co., LLC.

"We conclude that allowing an insurer's subrogation claim to deplete a tortfeasor's available liability coverage and then requiring an injured insured to pursue the tortfeasor until he has established ...

The Supreme Court has revised the criteria for determining whether the Korea Workers' Compensation & Welfare Service (KCOMWEL) can claim reimbursement from equipment operators and owners in industrial ...