One of the most frustrating scenarios in the subrogation world is when a promising claim with clear liability on the part of a tenant is barred or limited based on lease language. When it comes to ...

Subrogation is a fundamental concept in insurance that allows an insurance company to step into the shoes of the insured after a loss and seek recovery from a third party that caused the damage.

The practice, which involves insurers seeking money from at-fault parties, has birthed a host of businesses and is often billed as a way to lower premiums. It’s not without controversy.

For example, a van owned by a plumbing or construction company in New York rear-ends a car. The car owner’s insurance carrier pays the injured party in the car personal injury protection and then ...