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 ...
If a fire or flood destroys a high-net-worth client’s fine art collection, an insurer who pays out a claim related to the loss has an incentive to pursue subrogation. This article explores some of the ...
MANHATTAN (CN) - A federal judge has ruled in a consolidated subrogation dispute pitting Allianz Insurance and SR International Business Insurance against World Trade Center Properties. Allianz sought ...
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.
NEW YORK--(BUSINESS WIRE)--The National Association of Subrogation Professionals (NASP) has commissioned Accenture (NYSE:ACN) to conduct the association’s annual benchmarking research, which is ...
SAN MATEO, Calif. & TAMPA, Fla.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) and Arbitration Forums, Inc. (AF) announced that AF’s new Ready for Guidewire validated integration is now available in the ...
A new Virginia law curbs UIM insurers' subrogation rights and overhauls how underinsured motorist claims are settled across ...
As example, “a” subrogation rule may comprise one or more subrogation rules, “an” insurance claim or “the” subrogation demand may comprise one or more insurance claims or subrogation demands, ...
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