Subrogation is the right of an insurer to pursue the party that caused the loss to the insured in an attempt to recover funds paid in the claim.

Understanding Conventional Subrogation . Conventional subrogation, also called contractual subrogation, defines the rights of the insurance company after it has paid claims made against a policy.

Subrogation allows your insurance company to pay for your damage quickly, then work to recoup the money from the at-fault driver’s insurance company. What Is Subrogation? Subrogation gives insura ...

Whatever the reason, and there are many more, insurers see subrogation as positive revenue that goes to the top line and insurance recoveries, through subrogation, are now built into financial models.

Subrogation is the right of a benefit plan to “step into the shoes” of a plan participant and seek to enforce any underlying right that participant may have had against some other party.

A “waiver of subrogation” in a commercial contract quite simply waives one party’s insurer’s right to subrogate against the other contractual party.

Now is the time for health plans, TPAs and benefits administrators to understand how digital transformation is driving big changes in subrogation — impacting best practices, the member ...

In their Cooperatives and Condominiums column, Stroock & Stroock & Lavan's Richard Siegler and Eva Talel discuss subrogation and the waiver of subrogation, policy considerations in determining ...

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 ...