An insurance agreement may include an obligation of the insured to assign the insured’s claim against a party at fault to the insurer, who may then collect on the claim on the insured’s behalf, i.e., ...

When an insurance company becomes insolvent, state liquidation statutes govern how the company’s remaining assets are distributed among claimants. Each state has a priority of distribution statute ...

In a case of first impression, the state Supreme Court has ruled car insurers can prorate an insured's deductible when recouping expenses through subrogation from a third party at fault. In a case of ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Ebony Howard is a certified public ...

HONOLULU (KHON2) — The Hawaii Supreme Court ruled today that insurance companies are barred from subrogation claims against the defendants in the $4 billion Global Settlement for victims of the ...

In addition to obtaining background information on this patent application, NewsRx editors also obtained the inventors’ summary information for this patent application: “Systems and methods are ...

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Two legal experts from Weltman, Weinberg & Reis tackled one of the most complex situations that auto finance companies and insurance providers might ever face. That’s when subrogation recovery ...

Under this multi-year agreement, CURE Auto Insurance will utilize Gigaforce's AI-driven platform to equip recovery specialists with advanced insights for the accuracy of subrogation scoring, ...

Article 3492 of the Louisiana Civil Code governs the time period in which a “delictual action” – an action that is considered to be tortious or causing harm to someone’s rights or property – may be ...

CLEARWATER, Fla.--(BUSINESS WIRE)--WLT Software, a leader in custom benefits and claims administration software, today announced that it will offer Intellivo’s subrogation services to WLT’s clients.