The Supreme Court ruled that an insurance company cannot claim reimbursement from a tenant for damages paid to a building owner when both parties are insured by the same provider and the tenant’s ...
The county of San Angelo has decided to use nearly $20,000 in subrogation recovery funds to pay for the reconstruction of a collapsed pavilion at Pugh Park, which was damaged earlier this year ...
Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.
A perfect storm of contradictory legal positions destroyed State Farm's recovery strategy in a case decided by the Appellate Division, Second Department on November 26, 2025. The ruling demonstrates a ...
Apart from open enrollment season, health plan members rarely think about their benefits. That changes instantly after an accident when the member's thoughts turn to out-of-pocket expenses and, if ...
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 ...
Mercury General sold its subrogation rights on the Palisades Fire last month to an unnamed third party for a guaranteed percentage of losses incurred, according to a regulatory filing. In addition to ...
In California, individuals who receive a settlement from an insurance claim often wonder about the implications of that payout. Generally, if someone receives a settlement, they may be required to ...
In the first months of his administration, President Donald Trump repeatedly threatened due process, a fundamental principle enshrined in the U.S. Constitution. His attacks have spanned from the ...
CLARA Analytics, an AI-driven solutions provider for the insurance industry, has rolled out advanced subrogation detection features in its flagship product, CLARA Triage, aimed at helping insurers ...
Navigating the insurance world can sometimes feel overwhelming, especially when unfamiliar terms like “subrogation” come into play. At Hicks Insurance, we believe it’s essential for our clients to ...
SUNNYVALE, Calif.--(BUSINESS WIRE)--CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced game-changing ...