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A waiver of subrogation clause is important to include in a lease agreement and benefits both the landlord, tenant, and any other business relationship.
The case stems from XL Insurance America’s filing of a subrogation suit three years ago that alleged damage to Amazon’s Baltimore City warehouse roof from a 2018 tornado was caused by the ...
A New York trial court has ruled that all claims brought by an insurance company, as subrogee, against its insured’s landlord were barred by a lease provision waiving subrogation rights. After ...
A lesser-known, but even worse, condition often included in a broker or customer’s agreement or contract is a waiver of subrogation.Many are completely unaware of the potential adverse ...