Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.
Maureen “Morty” Cassidy of Pond Lehocky Stern Giordano. As plaintiff lawyers, we are familiar with the plight of the innocent victim following an injury. We regularly have conversations where an ...
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, especially ...
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What in the world does that word mean? Subrogation literally refers to the act of one person or party standing in the place of another person or party. Suppose while driving your car, another driver ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
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 but ...
Every now and again, I have to remind myself — or be reminded by a client — that not everyone speaks “law.” What are familiar terms to lawyers aren’t necessarily so to those in other walks of life. I ...
ORLANDO, Fla., Feb. 1, 2017 /PRNewswire/ -- Trident Legal Services, LLC today announced that its new Total Mass Tort Subrogation Solution http://tlsrecovery.com ...
On Dec. 23, 2002, President Arroyo approved into law Republic Act 9182, otherwise known as "The Special Purpose Vehicle (SPV) Act of 2002." The law became effective on Jan. 26, 2003. The SPV Act is ...