After an insurer pays for a covered loss by an owner under a property policy the insurer generally has the right, whether under the common law, statute or the policy itself, to seek recovery of the ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Investopedia / Jake Shi A waiver of subrogation is a contract ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Ebony Howard is a certified public ...

An increasingly common source of delay and confusion seems to be whether a contracting party will, or even can, waive its liability insurer’s subrogation rights against the other party, especially ...

In Liberty Mutual Fire Ins. Co. v. Fowlkes Plumbing., L.L.C., No. 2019-FC-10285-SCT, 2020 Miss. LEXIS 44, the Supreme Court of Mississippi considered whether the subrogation waiver in the General ...

Perhaps the main thing waiver, subrogation and indemnity have in common is how frequently misunderstood they are. I often get a glazed-over “huh?” when I float one of them out before someone who ...

In Ace American Insurance Co. v. American Medical Plumbing, 458 N.J. Super. 535 (App. Div. 2019), the Appellate Division addressed an issue of first impression in New Jersey: the enforcement of waiver ...

The Maryland Supreme Court has agreed to hear a Baltimore City case that will determine the scope of subrogation waivers in construction contracts. Last week, the state’s high court granted a ...

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 ...