Subrogation entitles an insurance company to transfer risk by successfully recovering a paid loss from a negligent third party — the tortfeasor who caused the loss.
Most everyone would agree getting money back is a good thing, but for many years the subrogation process was the step-child of the claims department and often seen simply as an accommodation to retrieve an insured's deductible.
Forty years ago the position of a subrogation recovery representative was often perceived as either an entry position or stepping stone in to a more prestigious position in claims — or one to ease out a claims employee into retirement.
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