The volume and size of insurer payments under R&W insurance policies are increasing. According to a May 2023 Aon study, the average R&W insurance claim payment to Aon clients in 2022 was $9 million, ...

Subrogation is a cornerstone of insurance law and practice. It enables insurers to “step into the shoes” of the insured and pursue recovery from third-party wrongdoers responsible for the insured’s ...

If left unchallenged, the judgment will have far-reaching consequences for the insurance industry, insurers will be required to plead and prove both subrogation and legal standing when enforcing their ...

The practice, which involves insurers seeking money from at-fault parties, has birthed a host of businesses and is often billed as a way to lower premiums. It’s not without controversy.

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., ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

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 ...

SUNNYVALE, Calif.--(BUSINESS WIRE)--CLARA Analytics (“CLARA”), a leading provider of artificial intelligence (AI) technology for insurance claims optimization, today announced game-changing ...

Chubb Limited is facing a federal lawsuit after moving to block a shareholder proposal asking whether the insurer should recover climate losses through subrogation.

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.