subrogation News

Waivers Of Subrogation Endorsements Are Like Onions

A recent Texas Court of Appeals decision parsing the wording of a workers’ compensation policy’s waiver of subrogation endorsement reminds us that, like an onion, a waiver endorsement has many layers and should be peeled back fully before giving up …

Claims Journal’s Top 10 Legal Articles of 2016

For the second year in a row, Claims Journal compiled a list of the top read legal articles of 2016. This year’s article topics covered everything from hail to driverless car litigation. Several articles on hail topped the list of …

Subrogating Hawaii: Navigating the Subrogation Trade Winds In ‘The Middle of Nowhere’

Hawaii. There is no place like it on earth. It is the most remote population center on the face of the planet, 2,400 miles from the nearest anything. It has the most diverse population on earth, with no racial or …

The Future of Claims Careers: Cultivating a Data Mindset

Big data is a topic about which much has been written, although rarely is it explained in specific terms what it means for insurance professionals. Should claims adjusters and investigators be learning complex algorithms and software programming? Or does all …

Sales and Use Taxes on Subrogation Services

Navigating The Sales Tax Maze In South Dakota, New Mexico, And Hawaii As a means of raising revenue, particularly during times of economic crisis, a handful of states employ, and many states repeatedly revisit, the dubious and counter-productive scheme of …

Family Sues Boy Scouts, Mormon Church After Tree Kills Motorcyclist

A family is seeking unspecified damages from the Boy Scouts and others after two teenagers in a church-sponsored troop cut down a tree that killed a Colorado motorcyclist. The lawsuit says a 14-year-old and 17-year-old were unsupervised and not permitted …

Subrogation Magic: Creating Something Out Of Nothing

In 2010, researchers at the University of Michigan hypothesized that it is theoretically possible to conjure particles from a complete vacuum under the right circumstances. Performing such a feat in the world of subrogation might seem improbable, but subrogation theory …

Damage to Property Without Market Value

The amount and dollar value of insurance claims relating to property loss alone dwarf all other lines of insurance. Water losses in the U.S. result in more than $9 billion in property damage annually. Fire losses result in more than …

Following the Money: Subrogating MCS-90 Payments Against an Uninsured Operator

Trucking insurers issuing motor carrier policies which contain MCS-90 Endorsements may be overlooking significant subrogation and recovery opportunities. MCS-90 subrogation is a fascinating and under-utilized means of recovery that can significantly increase an insurance carrier’s bottom line. Understanding the history …

Subrogating Against God: Recovering Claim Dollars When Natural Disasters Strike

The claims history of most domestic insurance carriers is littered with billion dollar claims as a result of catastrophic losses caused by natural disasters. When God sends a hurricane, tornado, flood or naturally-occurring fire, the resulting losses can be enough …