Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.
WASHINGTON (CN) - Reinforcing insurance subrogation provisions, the U.S. Supreme Court was unanimous Tuesday that federal regulations clearly put state laws second to such policies. The case stems ...
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 state Supreme Court has declined to allow an insurance company to sue a third-party tortfeasor when the injured party did not commence an action. A divided court on April 27 denied attempts by an ...
"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 Florida Supreme Court has ruled that a party that has had a judgment entered against it was not entitled to seek equitable subrogation from a subsequent tortfeasor when it had not fully satisfied ...
The Maryland Supreme Court has agreed to hear a Baltimore City case that will determine the scope of subrogation waivers in construction contracts. Last week, the state’s high court granted a ...
Favoring Metmor and Thomson, the Court noted the "extreme" nature of equitable subrogation and brandishing the doctrine to cases involving fraud,76 holding that Mrs. Ethridge "must" have acted in ...