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 ...

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. Eric's career includes extensive work in both public and corporate accounting with ...

"The Court reasoned that subrogation, by definition, requires that the subrogee obtain the right to proceed against a third party and that the non-duplication provision provided no such right.

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 ...

Attorney Kale Feldman joins producer/host Coralie Chun Matayoshi to discuss whether insurance companies have a right to sue defendants (e.g. HEI, Kamehameha Schools) in the Maui wildfire settlement to ...

The practice, which involves insurers seeking money from at-fault parties, has birthed a host of businesses and is often billed as a way to lower premiums. It’s not without controversy.

If left unchallenged, the judgment will have far-reaching consequences for the insurance industry, insurers will be required to plead and prove both subrogation and legal standing when enforcing their ...

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A computer-implemented method for generating a subrogation net settlement smart contract using a distributed ledger, the method comprising, via one or more processors, servers, and/or associated ...