As is well known, in the event a third-party tortfeasor is responsible for an individual's work-related injury, the injured worker may bring a civil action arising out of the incident that caused the ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of ...

"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.

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 ...

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.

Two legal experts from Weltman, Weinberg & Reis tackled one of the most complex situations that auto finance companies and insurance providers might ever face. That’s when subrogation recovery ...

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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