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

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 ...

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 ...

“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 ...

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 ...

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 ...

SCE also establishes best estimate of total liabilities for 2017, 2018 wildfire and mudslide events, EIX reaffirms earnings guidance and commitment to maintaining investment grade ratings ROSEMEAD, ...

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 ...

SAN MATEO, Calif. & CHICAGO--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) and CCC Intelligent Solutions (CCC), a leading SaaS platform digitizing the P&C insurance economy, today announced that CCC’s new ...

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.