Every policyholder will likely face a scenario where its primary insurer refuses a settlement offer within limits. The primary insurer is potentially liable for that excess verdict if it acted in bad ...

In AMCO Ins. Co. v. All Solutions Ins. Agency (No. F070038, filed 2/8/16), a California Court of Appeal held that claims against an insurance broker for failure to procure requested coverage are ...

The 3rd U.S. Circuit Court of Appeals has ruled that subrogation claims in ERISA cases can be limited by equitable defenses and principles such as unjust enrichment. A unanimous three-judge 3rd ...

Previously published in the July-August 2010 edition of the Journal of the Missouri Bar. In short, lender's equitable subrogation is a tool by which real property lenders, or lienors, may replace the ...

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Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...

Subrogation is the process by which your insurance company seeks financial reimbursement for claims it paid out but wasn’t financially responsible for. For example, if you were in a car accident but ...

Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans ...

“Subrogation is an equitable doctrine that allows one party to replace another party when it comes to a legal right. The term “subrogation,” as used herein, may be understood to mean the substitution ...