Subrogation has its roots in the equitable notion that the party who in good conscience is responsible for a loss should pay for the loss. Property insurance policies provide the natural opportunity for accomplishing that goal when a loss is caused by a third party and, absent insurance, that third...

The e-mail arrived with the subject line, Misleading cover photo of NU P&C magazine?My first thought: Hmm. This cant be good.

Sometimes we drop the ball. In a day and age where culpability can cost one dearly, it is probably best to never err, or at least cop to it. In a profession that demands perfection, claims professionals are fallible, insurers liable, for a host of disappointments and unfortunate events. Problem...

Undoubtedly, most claims executives will readily tell you that they have a strong claims management program, which is a crucial component of any claims department. They will point to policies, procedures, guidelines, and claims audits. They would also point to stringent litigation and billing guidelines for attorneys. But do they...