This process is called subrogation. Editor’s note: Looking for the right liability insurance for your business? Fill out the below questionnaire to have our vendor partners contact you about your ...

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 ...

The subrogation process can take weeks, months, or even years to complete, dependng on the complexity of the case, state regulations, and other factors. Example of Subrogation One example of ...

Subrogation is the process of regaining funds from liable parties as part of an insurance claim. The process is often tedious and cumbersome in comparison to other aspects of today's digital ...

Insurance companies receive all of the funds that result from a subrogation process. Waivers of subrogation can prevent lengthy litigation and ruined business relationships. A right of subrogation ...

the facts required to defend a claim are well known and the process well established. However, the same cannot be said for subrogation. The applicable law and jurisdiction may be completely ...

By combining 38 separate units into four offices, State Farm is aiming to streamline its subrogation process and provide improved efficiency for its clients, said Tom Hagerty, a company spokesman ...

Common in auto accident and workers’ compensation cases, subrogation is the process by which health plans recover money spent on member medical bills by identifying and recovering funds from a ...

During the subrogation process, PDA will assess both repairable and potential total loss units for a multiple of variables including appropriate parts usage, labor, prior damage, actual cash value ...

Obviously, this is an extreme scenario. But the message is clear: Subrogation is a necessary part of the claims process, one which is often overlooked or under-utilized. It should be a vital ...

By using subrogation, your insurance company can make sure your claim is taken care of in a timely manner and then have a way to recoup its costs. The process is simple for the policyholder.