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 ...
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 ...
Thus, if Insurance company A owes Insurance company B $1,000 for a first subrogation claim, and Insurance company B owes Insurance company A $1,000 for a second subrogation claim, two payments may ...
2022 OCT 24 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News-- State Farm Mutual Automobile Insurance Company (Bloomington, Illinois, United States) has been issued patent ...
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 ...
In an unpublished decision, the Wisconsin Court of Appeals recently addressed the interplay between contractual and statutory subrogation rights in the context of out-of-state personal injury ...
The Supreme Court ruled that even if an insurance company has paid compensation for damages incurred during travel, the National Health Insurance Service (NHIS) is entitled to a right of subrogation ...
SAN MATEO, Calif. & TAMPA, Fla.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE) and Arbitration Forums, Inc. (AF) announced that AF’s new Ready for Guidewire validated integration is now available in the ...
"We conclude that allowing an insurer's subrogation claim to deplete a tortfeasor's available liability coverage and then ...