After 33 years of practicing in an esoteric area of the law, itis time to explain what my career and the subrogation industry isall about. In order to give the appropriate picture, I really needto start at the beginning.

Confession #1

I have become comfortable with the idea that very few peoplehave any idea what subrogation means, including many lawyers andjudges. This leads me to the great elevator speech that my childrencould give on cue by the time they were eight years old: “If thefurnace in your house malfunctions, explodes, and burns your housedown, your insurance company pays to rebuild your house. It assumesany rights you have. Subrogation, the substitution of one's rightsto another, enables the insurance company to make a claim againstthe manufacturer or installer of the furnace to recover the moneythe insurance company paid to re-build your house.”

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