Monthly Archives: February 2025

In the larger picture of society, insurance is spoken of from a consumer perspective. Something horrible happens, say, an auto accident. The insured submits a claim to their carrier. It gets paid out simply and quickly. All for an affordable premium. But where do those losses go? How does a carrier continue to provide that […]

Subrogation allows an insurer who has paid out a claim to their insured to then pursue the responsible party for those transferred losses. It serves as a control mechanism that holds bad actors accountable while protecting carrier viability, which discourages people from engaging in tortious behavior and allows insurers to continue to offer competitive premiums. […]