Diminution in value is claimed when the value of a damaged, but repaired, item is less than the value before the loss. Subrogation professionals should be aware of when and how the laws of each state deal with diminution of value. This chart is a summary of how the first-party issue is treated in all 50 states.
A summary of the laws and regulations in each state with regard to whether there is a duty or obligation on the part of a subrogated carrier to reimburse any or all of its insureds deductible to its insured before it can successfully subrogate or seek reimbursement of its claim payments.
This chart provides an overview of subrogation rights for PIP and/or Med Pay-type benefits paid under the automobile insurance laws of all 50 states.
The ability of a landlords property insurer to subrogate against a tenant for property damage caused by the negligence of the tenant depends on which state the loss occurs in and the nature and language of the lease involved. Understanding when, where, and why such subrogation actions by a landlords insurer against a tenant are permitted or prohibited is critical to maximizing property subrogation recoveries and is the focus of this chart.
A subrogation letter sent to an at-fault party's insurer requests reimbursement for automobile damages paid to an insured.
A list of accreditations associated with the insurance industry.
The Economic Loss Doctrine explained as it has been applied in all 50 states, an educational reference for subrogation professionals.
A subrogation receipt is signed by the insured upon payment of a claim, and assigns the insurer to the right to recovery for the loss.
A subrogation letter sent to an at-fault party requests reimbursement for automobile losses paid to insured.