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 ...
Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Investopedia / Jake Shi A waiver of subrogation is a contract ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...
Subrogation is a fundamental concept in insurance that allows an insurance company to step into the shoes of the insured after a loss and seek recovery from a third party that caused the damage.
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 ...
"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.
"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 ...