Learn what a waiver of subrogation is, its various types in contracts like construction and leases, and why businesses might require it for reducing litigation risks.
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An insurance agreement may include an obligation of the insured to assign the insured’s claim against a party at fault to the insurer, who may then collect on the claim on the insured’s behalf, i.e., ...
Insurance policies are filled with clauses that can significantly impact your finances, often without you realizing it.
2023 MAR 02 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- State Farm Mutual Automobile Insurance Company (Bloomington, Illinois, United States) has been issued patent ...
Subrogation is a pivotal concept in South African insurance law, with well-established roots. Its history in our law is ...
The Maryland Supreme Court has agreed to hear a Baltimore City case that will determine the scope of subrogation waivers in construction contracts. Last week, the state’s high court granted a ...