Here are three scenarios in which the risk manager should identify and pursue subrogation opportunities:
An employee suffers an on-the-job electrocution, due to a defect in a hand tool manufactured by XYZ Corp. The indemnity reserve for lost time is $20,000, and the medical expense reserve is $50,000.
A company salesman is traveling on business. While on a sales call, his company vehicle is rear-ended by another driver. The salesman is uninjured, but the car has $7,500 in damage.
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.
