Identification of subrogation can be easy or difficult, and there are many basic situations where it is not even considered. (Photo: Feng Yu – Fotolia)
It is estimated that 15% of all claims are closed with a missed subrogation opportunity, costing the industry $15 billion annually. In a recent study, we sought to determine what was driving this, utilizing both internal findings and feedback from industry professionals.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
