Subrogation law, with Insurance, is constantly being used. It is part of nearly every insurance contract. The courts are loaded with lawsuits involving the negligence of a third party and subrogation claims.
Starting a new company reveals a bewildering array of possibilities and decisions and near the top rests a question: “should a lawyer be involved and, if so, when?”
Discovery is an essential aspect to every legal proceeding, yet many people don’t have a good grasp on what it entails. By learning more about this part of a legal proceeding, you can better understand how it will affect your business litigation.
Most homeowners and business owners do not conduct an inspection of piping, fittings, and hoses and rarely even give much thought to them all until they are ankle deep in water! Subrogation may exist if faulty plumbing work is the culprit or defective materials can be established but in most instances, the failure and ultimate loss is simply age.
Negligence by a utility company may cause extensive damage to your property. If so, the utility company may be held liable. Each state has laws regarding whether or not a utility company can be sued for damages, but most states require the utility to take responsibility and pay for damage caused.
The purpose of a subrogation claim is to force the person or company that was at fault for an accident to reimburse the insurance companies that paid insurance benefits as a result of that accident.
Most people involved in an auto accident in Florida do not realize that if they do not have auto insurance and the accident is their fault, the other party’s insurance company can sue them for the money it paid out in property damage.
Many people are surprised to learn that in certain situations, the state and federal government, health insurance companies and hospitals can assert a claim against your personal injury settlement.
On January 20, 2016, the United States Supreme Court issued a significant decision that makes it more difficult for employee benefit plans governed by the Employee Retirement Income Security Act of 1974 (ERISA) to obtain reimbursements of payments made to plan participants who have subsequently received third-party settlements.
In daily life it is normal to hold liable a person who causes you damage. Yet some insurers forgo this recourse all too easily.