"The Subrogation Definition" may sound like the title of an episode of "The Big Bang Theory," but it's a term that gives many insurers great relief. Here's a definition of subrogation, fromWest's ...

Subrogation is a fundamental concept in insurance that allows an insurance company to step into the shoes of the insured after a loss and seek recovery from a third party that caused the damage.

The volume and size of insurer payments under R&W insurance policies are increasing. According to a May 2023 Aon study, the average R&W insurance claim payment to Aon clients in 2022 was $9 million, ...

A claim in tort is properly commenced in accordance with the lex loci delicti commissi, Latin for “law of the place where the delict [tort] was committed.” But in automobile accident claims, the laws ...

"The Court reasoned that subrogation, by definition, requires that the subrogee obtain the right to proceed against a third party and that the non-duplication provision provided no such right.