Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.
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 ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. When car accidents happen, the ...
Two legal experts from Weltman, Weinberg & Reis tackled one of the most complex situations that auto finance companies and insurance providers might ever face. That’s when subrogation recovery ...
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 ...
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 ...
For example, a van owned by a plumbing or construction company in New York rear-ends a car. The car owner’s insurance carrier pays the injured party in the car personal injury protection and then ...
Learn how waiver of subrogation clauses benefit tenants and landlords by preventing costly litigation. Discover types, uses, and limitations of these key lease provisions.
SUNNYVALE, Calif.--(BUSINESS WIRE)--CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced game-changing ...