When an insurance company becomes insolvent, state liquidation statutes govern how the company’s remaining assets are distributed among claimants. Each state has a priority of distribution statute ...
AI and Advanced Technology Help Carriers Assess Inbound Demands in Minutes and Efficiently Pay What They Owe When Settling Subrogation Claims “Reviewing inbound subrogation demand packages, some as ...
HONOLULU (KHON2) — The Hawaii Supreme Court ruled today that insurance companies are barred from subrogation claims against the defendants in the $4 billion Global Settlement for victims of the ...
Subrogation is the process by which your insurance company seeks financial reimbursement for claims it paid out but wasn’t financially responsible for. For example, if you were in a car accident but ...
The Supreme Court of Pennsylvania ruled on January 21 that Erie Insurance Exchange cannot use its subrogation rights to ...
“Analytics and algorithms have been developed to identify subrogation cases, which is often all that is needed, particularly for claims of low complexity. However, subrogation payments are sometimes ...
CLEARWATER, Fla.--(BUSINESS WIRE)--WLT Software, a leader in custom benefits and claims administration software, today announced that it will offer Intellivo’s subrogation services to WLT’s clients.
The subrogation claim was brought by the insurer of the entity providing labor and facilities for the Guaymas center, seeking recovery for amounts previously paid to Williams International Co., LLC.
Nevada law requires insurers to effectuate prompt, fair and equitable settlements when liability becomes reasonably clear. The statute creates a duty, and breaching that duty has consequences. The ...
Many of you are likely familiar with the existing, traditional concepts of subrogation and credit rights in California’s ...