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With a waiver of subrogation, the insurer cannot pursue or sue the responsible third party for recovery. These provisions can be found in contracts or included as addendums to existing contracts.
Before shedding that light, it may be helpful to examine what exactly a waiver of subrogation is. To “subrogate” means “to put in the place of another”—“to substitute (something or ...
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 ...
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 ...
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