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 ...

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 ...

Subrogation is a fundamental concept in insurance that allows an insurance company to step into the shoes of the insured after a loss and seek recovery from a third party that caused the damage.

Until recently, Canadian builders’ risk insurers have been unable to maintain subrogated actions against subcontractors who have caused a loss. Builders’ risk policies have traditionally been treated ...

Property and casualty insurer Mercury General (NYSE:MCY) was upgraded at Raymond James on exceptional underlying results and ...