"The Subrogation Definition" may sound like the title of an episode of "The Big Bang Theory," but it's a term that gives many insurers great relief. Here's a definition of subrogation, fromWest's ...
The U.S. Court of Appeals for the Second Circuit has ruled that New York’s anti-subrogation statute, N.Y. Gen. Oblig. Law § 5-335(a), applies both to “offsets” for prospective benefit payments and to ...
The volume and size of insurer payments under R&W insurance policies are increasing. According to a May 2023 Aon study, the average R&W insurance claim payment to Aon clients in 2022 was $9 million, ...
After a dispute over federal preemption of Missouri’s anti-subrogation law made two trips to the U.S. Supreme Court, and generated two decisions… As a federal employee, Jodie Nevils was insured ...
"The Court reasoned that subrogation, by definition, requires that the subrogee obtain the right to proceed against a third party and that the non-duplication provision provided no such right.
If you're an insurer who wants to make money, knowing the definition of subrogation will help. "The Subrogation Definition" may sound like the title of an episode of "The Big Bang Theory," but it's a ...
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