Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.
A Supreme Court ruling has determined that an insurer cannot exercise subrogation rights to claim reimbursement from a tenant, even if the tenant is liable for a fire, when both the building owner and ...
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 ...
Learn how waiver of subrogation clauses benefit tenants and landlords by preventing costly litigation. Discover types, uses, and limitations of these key lease provisions.
“Accordingly, the present disclosure provides a method for identifying reversible subrogation claims. The method generally comprises receiving a list of subrogation demands, wherein the list includes ...
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.
BLOOMINGTON, Illinois, Dec. 10-- State Farm Companies, an auto, home and individual life insurance provider, issued the following news release: In an age of fast-paced technology, companies have to ...
ROSEMEAD, Calif.--(BUSINESS WIRE)--Southern California Edison has reached a settlement agreement with all the holders of insurance subrogation claims in the pending litigation arising from the 2017 ...
All subrogation plaintiff claims for the 2017 and 2018 wildfire and mudslide events resolved. SCE’s best estimate of total losses for the 2017/2018 Wildfire/Mudslide Events remains unchanged. ROSEMEAD ...