Litigation

The application of this phrase is frequently determined on a case-by-case basis.

The average cost of claims that resulted in a defense and settlement in 2014 was $125,000.

If your reservation of rights letter doesn't 'fairly inform' the insured, the penalty for the carrier can be severe.

When subrogation potential exists, recovering large losses is imperative to a carrier's bottom line. Yet often these losses can present the most challenges to subrogation efforts.

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.

The concept of subrogation can be difficult for some to grasp. It involves looking at a loss with an entirely different lens to see what others may not when it comes to cause and origin for an event.

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...

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.