Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers April 7, 2025 By Natasha White As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set...
North Carolina Appeals Court Won’t Budge on Intrepid Insurance Name Mix-up April 3, 2025 By William Rabb What’s in a name? Enough confusion to sink a subrogation lawsuit and appeal brought by the insurer for a burned-up...
Couple Staged Half Million Dollar Fraud Against Theater Nonprofit, Insurer Claims May 21, 2024 By Andrew G. Simpson Philadelphia Indemnity Insurance Co. is suing a Connecticut couple the insurer alleges defrauded its insured, a Florida theater nonprofit, by...
Fed Court Wants Florida Supremes to Clarify Rule That Can Bar Subrogation Recovery March 7, 2024 By William Rabb In the next year or so, the Florida Supreme Court could decide on the exact meaning of a legal doctrine...
New York Law Bars Subrogation by Lloyd’s in LaGuardia Project, Appeals Court Affirms December 13, 2023 By Andrew G. Simpson A federal appeals court has declared that New York law prevents Lloyd’s from recovering some loss payments from Zurich American...
Illinois Court Ruling Allows Zurich to Proceed With Subrogation Action in $3 Million Builder’s Risk Claim October 25, 2023 By Jim Sams Zurich American Insurance Co. may pursue a subrogation lawsuit against a subcontractor that it says forced it to pay a...
MS Workers’ Comp Trust Can Seek Reimbursement From Driver in State Official’s Injury September 8, 2023 By Insurance Journal Staff Reports A workers’ compensation fund for Mississippi state agencies can take subrogation action against the driver of an all-terrain vehicle that...
Delaware High Court OKs Lien Against Uninsured Motorist Benefits in Workers’ Compensation Case September 7, 2023 By Andrew G. Simpson The Delaware Supreme Court has broken with its own precedent to rule that a workers’ compensation insurance carrier may assert...
State Farm Seeks $1.5M From Owners of Manhattan Garage That Collapsed July 27, 2023 By Andrew G. Simpson The collapse of a New York City garage in April was caused by the negligence of the owners of the...
Miss. High Court: Law Firm Not Liable for ‘Negligent’ Subro Action in Car Wreck June 1, 2023 By Insurance Journal Staff Reports A collections law firm for State Farm Insurance cannot be held liable for a poorly handled subrogation claim against a...