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, ...

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

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

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 ...

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 ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of ...

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.

On remand, the Texas Supreme Court has directed us to consider two issues: (1) whether the equitable subrogation lien claim asserted in this case is time-barred and (2) whether language in the deed of ...

"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 ...