subrogation
IPA: sˈʌbrʌgˈeɪʃʌn
noun
- (law) Substitution of a different person in place of a creditor or claimant with respect to certain rights and duties.
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Examples of "subrogation" in Sentences
- Indemnity insurer's subrogation rights.
- An indemnity insurer has two distinct types of subrogation rights.
- An indemnity insurer in fact has two distinct types of subrogation right.
- The process of an insurance company receiving money from an automaker is called "subrogation" and
- Next, Insurer sued Chester Co. in what is known as a subrogation claim, to recover the Insurer's expenses.
- The question before the Supreme Court is whether Can Dive could rely on the waiver of subrogation in the original insurance policy.
- Look, these cases are called subrogation cases, the employer plays the medical, then after a settlement, they will commonly get it back.
- Meanwhile he said that if a person or company was found to have caused the disaster, insurance companies would file a "subrogation" claim.
- The action State Farm is considering is known as a subrogation action, and is an option for an insurer if it can show that a defective product was in part or fully to blame for a given auto claim.
- In some situations, though - if the tree was in poor health, say, or improperly maintained - your insurer may try to collect from your neighbor's insurance company, through a process called subrogation.
- While the scrutiny on cost will affect every facet of workers 'comp and liability programs, strategies such as subrogation recoveries and captive risk sharing arrangements will gain prominence as tools to control expenses.
- Subrogation in its most common usage refers to circumstances in which an insurance company tries to recoup expenses for a claim it paid out when another party should have been responsible for paying at least a portion of that claim.
- Other companies are expected to follow and demands for repayment of claims — called "subrogation" in the insurance business — could end up costing Toyota from $20 million to $30 million, says Mark Bunim, an attorney with Closed Case, a mediation firm.
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