Discover how conventional subrogation allows insurers to recover damages from third parties, facilitating quick settlements ...
The Supreme Court of Pennsylvania ruled on January 21 that Erie Insurance Exchange cannot use its subrogation rights to ...
When an insurance company becomes insolvent, state liquidation statutes govern how the company’s remaining assets are distributed among claimants. Each state has a priority of distribution statute ...
AI and Advanced Technology Help Carriers Assess Inbound Demands in Minutes and Efficiently Pay What They Owe When Settling Subrogation Claims “Reviewing inbound subrogation demand packages, some as ...
An insurer generally acquires its insured’s rights against tortfeasors through subrogation. But what happens if the insured enters into a settlement and releases the responsible third party? Does the ...
2022 OCT 24 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- State Farm Mutual Automobile Insurance Company (Bloomington, Illinois, United States) has been issued patent ...
In a case of first impression, the state Supreme Court has ruled car insurers can prorate an insured's deductible when recouping expenses through subrogation from a third party at fault. In a case of ...
The subrogation claim was brought by the insurer of the entity providing labor and facilities for the Guaymas center, seeking recovery for amounts previously paid to Williams International Co., LLC.
Kenneth De Prey and Wery's Dairy Aire were hit with a personal injury lawsuit on Sept. 3 in Wisconsin Circuit Court for Brown County. The suit, brought by Hitzeman Law on behalf of Madison L. Paterra, ...
The Supreme Court has revised the criteria for determining whether the Korea Workers' Compensation & Welfare Service (KCOMWEL) can claim reimbursement from equipment operators and owners in industrial ...