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Can an insurer recover before the policyholder is paid?
By Matthew D. StockwellThe majority view is that a policyholder is entitled to be 'made whole' before an insurer may recover from third-parties in subrogation.
Property & casualty insurance claims can sometimes result in lawsuits. Claims provides court cases and legal analysis on the latest issues affecting bad faith, subrogation, assignment of benefits and product liability. Articles include strategies to manage defense costs, proactive litigation strategies and red flags in claims that could lead to litigation.
The majority view is that a policyholder is entitled to be 'made whole' before an insurer may recover from third-parties in subrogation.