Andrew E. Tomback, a member of Milbank, Tweed, Hadley & McCloy in New York, and Andrew M. LeBlanc, an associate at the firm in Washington, D.C., write that issuers of letters of credit under New ...

Subrogation allows your insurance company to pay for your damage quickly, ... Your financial situation is unique and the products and services we review may not be right for your circumstances.

Equitable subrogation is a legal concept that allows one party to replace another party when it comes to a legal right. It is most commonly associated with the insurance industry, specifically in ...

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 ...

Enter subrogation! It is through the right of subrogation that John's health benefit plan can now “step into John's shoes” and bring a claim against that auto insurance policy in John's name.

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 ...

With a subrogation clause, your insurer would have the right to recover the portion of the loss that was your client’s fault. But your client may want your business to waive the right of subrogation ...

How A Waiver of Subrogation Works . Subrogation is the right for an insurance policy provider to go after the party responsible for a loss on an insured claim to recover the funds.