The lower court dismissed State Farm's claims against both tenants on July 18, 2022. The appellate court affirmed that ...
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 ...
AI and Advanced Technology Help Carriers Assess Inbound Demands in Minutes and Efficiently Pay What They Owe When Settling Subrogation Claims “Reviewing inbound subrogation demand packages, some as ...
In a striking legal turn, State Farm's subrogation efforts faced a significant setback due to a contradictory position taken by its insured in an earlier court case. The Appellate Division, Second ...
“Don’t worry, we will get it back in subrogation.” These words are often heard in the insurance claims world to soften the blow of a significant settlement or judgment. They might be said to support ...
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 ...
Boards are generally not obligated by a co-op or condominium's operative documents to purchase liability or casualty insurance covering those portions of the building which are owned by the entity.
“Analytics and algorithms have been developed to identify subrogation cases, which is often all that is needed, particularly for claims of low complexity. However, subrogation payments are sometimes ...
An appellate court in New Jersey, affirming a trial court's decision, has ruled that the waiver-of-subrogation provisions of a widely used form construction contract – the American Institute of ...
All subrogation plaintiff claims for the 2017 and 2018 wildfire and mudslide events resolved. SCE’s best estimate of total losses for the 2017/2018 Wildfire/Mudslide Events remains unchanged. ROSEMEAD ...
AI and Advanced Technology Help Carriers Assess Inbound Demands in Minutes and Efficiently Pay What They Owe When Settling Subrogation Claims CHICAGO, March 20, 2024--(BUSINESS WIRE)--CCC Intelligent ...