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 ...

Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.

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 ...

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 ...

IRVINE, Calif., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Subrogation Leadership in the Woolsey fire successfully finalized a $2.2 billion settlement between Southern California Edison (“SCE”) and over 100 ...

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.

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 ...

Learn how waiver of subrogation clauses benefit tenants and landlords by preventing costly litigation. Discover types, uses, and limitations of these key lease provisions.