One of the most frustrating scenarios in the subrogation world is when a promising claim with clear liability on the part of a tenant is barred or limited based on lease language. When it comes to ...

In United States Automatic Sprinkler Corporation v. Erie Insurance Exchange, et al., No. 2SS-CT-264, 2023 Ind. LEXIS 105, the Supreme Court of Indiana (Supreme Court) reversed an order of the trial ...

Learn how subrogation allows insurers to recover funds from third parties at fault, ensures quicker claim payments, and helps ...

Boards are generally not obligated by a co-op or condominium's operative documents to purchase liability or casualty insurance covering those portions of the building which are owned by the entity.

As Todd Dills and I discussed for his 2021 story “Just say no: One owner-operator's approach to broker/customer demands to be 'additional insured'," brokers and customers frequently require that they ...

As part of business, insureds and their customers sign contracts setting out the terms of their arrangements regarding price, payment terms, delivery schedule and more. But boilerplate legal terms, ...

In today's business world, not a day goes by without signing a contract, and it is imperative that the signatory understand the implications of every clause in the agreement. This includes the ...

Plantation, FL - February 23, 2006 - Broadspire, a Platinum Equity company and a leading provider of casualty and liability claims management to companies in North America, has finalized a multi-year ...

SAN FRANCISCO--(BUSINESS WIRE)--PG&E Corporation and Pacific Gas and Electric Company (together, “PG&E”) announced today that they have executed a definitive agreement to resolve all insurance ...

(RTTNews) - PG&E Corp. (PCG) and Pacific Gas and Electric Company have executed an agreement to settle all insurance subrogation claims relating to 2017 and 2018 wildfires. The latest agreement is ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...