In Zurich Am. Ins. Co. v. Infrastructure Eng’g. Inc., 2023 Ill. App. LEXIS 383, the insurer, Zurich American Insurance Company (Insurer) proceeded as subrogee of Community College District No. 508 d/b ...

After an insurer pays for a covered loss by an owner under a property policy the insurer generally has the right, whether under the common law, statute or the policy itself, to seek recovery of the ...

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 ...

An increasingly common source of delay and confusion seems to be whether a contracting party will, or even can, waive its liability insurer’s subrogation rights against the other party, especially ...

In 2007, the Texas Supreme Court in Mid-Continent Insurance v. Liberty Mutual Insurance Co. — when answering questions certified by the 5th U.S. Circuit Court of Appeals — dramatically changed how ...

WASHINGTON (CN) - Reinforcing insurance subrogation provisions, the U.S. Supreme Court was unanimous Tuesday that federal regulations clearly put state laws second to such policies. The case stems ...

The Maryland Supreme Court has agreed to hear a Baltimore City case that will determine the scope of subrogation waivers in construction contracts. Last week, the state’s high court granted a ...

Healthcare Recovery Solutions, LLC (HRS) is a specialized subrogation provider with an innovative approach for identifying recovery opportunities often left undiscovered. HRS utilizes sophisticated, ...

MANHATTAN (CN) - A federal judge has ruled in a consolidated subrogation dispute pitting Allianz Insurance and SR International Business Insurance against World Trade Center Properties. Allianz sought ...

This logic was often reduced to contractual terms and thus became what could be described as "conventional" or "legal" subrogation. Historically, when no such contract right existed, but the ...

In the last issue of Claims Canada, Education Forum reviewed basic principles of surety and discussed three kinds of construction contract bonds: bid bonds, performance bonds, and labour and material ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...