Dictionary.com · The American Heritage® Dictionary
|
|
NASP was established in November 1998, to meet the needs of the subrogation industry and to provide educational opportunities for insurance professionals.
|
|||
|
Subrogation - Wikipedia, the free encyclopedia
Subrogation is the legal technique under common law by which one party, commonly an insurer (I-X) of another party (X), steps into X's shoes, so as to have the benefit of X's rights and remedies agai...
en.wikipedia.org/wiki/Subrogation |
|||
|
|
|||
|
|||
|
|||
|
Welfare Benefit Funds and Subrogation for Partial Settlements ... Under common law principles, the doctrine of subrogation is defined as "the substitution of one person in the place of another with reference to a lawful claim, demand or right, so that he who is substituted succeeds to the rights of the other in relation to...
|
|||
|
The Legal Term * Subrogate * Defined & Explained ... The most common form of subrogation is when an insurance company pays a claim caused by the negligence of another. The act of putting by a transfer, a person in the place of another, or a thing in the place of another thing.
|
|||
|
An insurance carrier may reserve the "right of subrogation" in the event of a loss. This means that the company may choose to take action to recover the amount of a claim paid to a covered insured if the loss was caused by a third party.
|
Copyright © 2009, Dictionary.com, LLC. All rights reserved.