Sentences with phrase «subrogation gives»
Subrogation With any number of types of insurance policies, subrogation gives the insurance company the right to chase after a third party for repayment if they are at fault.
http://www.usacoverage.com/ Not exact matches
Broadly speaking, renters insurance liability coverage protects you from subrogation actions for damage due to your negligence, even if the lease you signed explicitly gives you responsibility for the costs of those damages, such as in the Pekin case above.
Given the broad scope of the provision, OHIP has subrogation claims in most personal injury matters, including slip and falls, dog attacks, sexual assaults, assaults and batteries, boating fatalities, medical malpractice, and product liability matters.
While you may not have noticed, it is likely that your health insurance company included subrogation (i.e., reimbursement) language in your health insurance contract which gives them the right to be reimbursed if you are injured by a third party (i.e., the person who caused the accident).
Ohio Supreme Court Subrogation Case Should Give Insurers Pause on Work - Related Injury Claims — Claims Journal
The subrogation claim, although potentially applicable to non-signatories, did not give rise to fee entitlement because nothing allowed cross-complainant to step in the shoes of any party to the construction loan agreement — so, if cross-complainant could not recover for fees, Bank could not either under either contractual interpretation or Civil Code section 1717 reciprocity principles.
Any insurance company who pays an insurance claim caused by the tortious fault of another (e.g. Samsing, if its product was defective in a manner sufficient to give rise to legal liability) has a right to sue the party at fault for the loss the insurance company suffered in what is called a subrogation lawsuit.
This conclusion gives effect to both the objectives and principles of the doctrine of subrogation and established principles of bankruptcy law.
Subrogation — A legal term that gives an individual the right to collect money for damages caused by another person.
Broadly speaking, renters insurance liability coverage protects you from subrogation actions for damage due to your negligence, even if the lease you signed explicitly gives you responsibility for the costs of those damages, such as in the Pekin case above.