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 ...

Subrogation is the process by which your insurance company seeks financial reimbursement for claims it paid out but wasn’t financially responsible for. For example, if you were in a car accident but ...

Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. When car accidents happen, the ...

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.

An increasingly common source of delay and confusion seems to be whether a contracting party will, or even can, waive its liability insurer’s subrogation rights against the other party, especially ...

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Insurance Recovery Group (IRG), a firm that has successfully recouped more than $1.5 billion dollars for insurers and large self-insureds, announces that it is ...

In today's business world, not a day goes by without signing a contract, and it is imperative that the signatory understand the implications of every clause in the agreement. This includes the ...