Categories: general
Right to pursue responsible third parties after paying a covered loss.
Related Articles:
- Court Rules Liability Insurer Can Recover Defense Costs & $1.5 Million Settlement from InsuredIn a case of first impression, an insured must reimburse its insurer for defense and settlement costs on an uncovered claim.
- Subrogation Issues for Your Insureds To Avoid (with your good advice)
- Massachusetts Court Rules Insurers Cannot Subrogate A $1 Million Post-Construction Loss Because Of A Subrogation WaiverThe waiver of subrogation resulted from construction contracts for the building of Southfield Commons. an apartment building owned by the Corcoran Companies, in Weymouth.
- Massachusetts Court Dismisses Nationwide Class Action Against Liberty Mutual Over Experience Modification ReportingA class-action suit against Liberty Mutual seeking damages for alleged overcharges of workers comp experience mods is dismissed.
- Atlantic Specialty Unmoors Boat Shop From Claims Of Over $150,000 Using ‘Uberrimae Fidei’ As A DefenseA Massachusetts lawsuit involving “Uberrimae fidei”, a legal doctrine not often used in insurance coverage litigation, but nevertheless, an important one for an agent or insured to know when dealing with a maritime policy.
- Plymouth Rock Home Assurance Corporation Appoints Andrew Leeds as Vice President of ClaimsNew hire signals continued commitment to offer innovative policy services and benefits to customers.
- Failure To Return Auto-Renewal Questionnaire Results In Coverage Denial In Lamborghini Collision Lawsuit Due To Insurer’s “Snowbird Clause”A First Circuit Court of Appeals found that the failure to return a renewal questionnaire with updated information resulted in two Massachusetts insureds losing their optional collision and liability coverage and umbrella coverage in a Naples, Florida collision involving their Toyota Highlander and a $100,000 Lamborghini.
- Mass. Appeals Court Reverses $4 Million Defense Verdict Over Judge Advising Jury About InsuranceMassachusetts, as opposed to many states, allows insurance companies to pursue subrogation in the name of the insured rather than in the name of the insurance company. This case is one such example.
- Glossary: Waiver of subrogationAgreement to waive recovery rights.
- Travelers’ Nicholas Seminara Appointed New Chair of NICB Board of GovernorsOversees all claim operations for Travelers
