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 ...

In a case of first impression, the state Supreme Court has ruled car insurers can prorate an insured's deductible when recouping expenses through subrogation from a third party at fault. In a case of ...

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, ...

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 ...

"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.

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 ...

In United States Automatic Sprinkler Corporation v. Erie Insurance Exchange, et al., No. 2SS-CT-264, 2023 Ind. LEXIS 105, the Supreme Court of Indiana (Supreme Court) reversed an order of the trial ...

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 ...

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 ...

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 ...