Coverage & Policy Issues

Subrogation is an often overlooked part of claims adjusting, although it should not be because of its substantial benefits. Successful recoveries from subrogation provide insurance carriers with money they may not have anticipated; a pleasant surprise from a risk taker's perspective.

It's a lonely place under the bus all by yourself. This saying sums up the concept of subrogation and our attempts to identify other potentially responsible parties. Subrogation describes both the legal and equitable right of an insurer to pursue a third party that caused an insurance loss to the...

National forensic engineering firm, U.S. Forensic, recently undertook a large project to investigate a large number of braided stainless steel water heater connector failures for one of the largest property carriers in the country.

Insurance policies abound with the use of the phrase arising out of. Some policies provide coverage for injuries and damage that arise out of a certain event; other policies exclude coverage for injuries and damages that arise out of a certain event.

I don't remember my economics professor's name from that 1962 class, but I sure remember the textbook, even though I traded it for a different one the next semester: Economics: An Introductory Analysis, by Nobel Prize-winning economist, Paul Samuelson.

On Jan. 5, 2011, plaintiff Kenneth Shinedling and his wife, Amy, were sleeping in the master bedroom of their home, when a fire started in their room.

Americans have a love affair with classic cars. From James Bond's Aston Martin to Thomas Magnum's red Ferrari 308 GTS, some were iconic in their time and have since gone on to become famous classics. Consider the 69 Chevrolet Camaro SS, the 66 Ford Mustang GT or the Pontiac GTO...

When a significant homeowner property loss occurs, the adjuster is keenly aware of the insureds desire to return to their home quickly after the reconstruction.