Discover how conventional subrogation allows insurers to recover damages from third parties, facilitating quick settlements for policyholders.

All real estate professionals and investors are familiar with the concept of the priority of liens. As a general rule, when there are multiple liens recorded against a property, the one that is ...

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, ...

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 ...

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.

If you're an insurer who wants to make money, knowing the definition of subrogation will help. "The Subrogation Definition" may sound like the title of an episode of "The Big Bang Theory," but it's a ...

Every year, health plans disrupt their members and still miss as much as 50 percent of claims that are eligible for subrogation. This little-known fact points to the reality that health plans, TPAs, ...

Subrogation is a fundamental concept in insurance that allows an insurance company to step into the shoes of the insured after a loss and seek recovery from a third party that caused the damage.

The New Jersey Appellate Division issued a decision reversing the trial court’s dismissal of the Firm’s client’s insurance subrogation claim - a ruling that reinforces the evidentiary value of modern ...

Business.com aims to help business owners make informed decisions to support and grow their companies. We research and recommend products and services suitable for various business types, investing ...

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 ...