Astros’ Ins. Claim On Bagwell Denied

Thursday, March 30th, 2006 Life & Health Subrogation

An insurance claim filed by the Houston Astros to recoup more than $15 million owed to injured first baseman Jeff Bagwell has been denied. The National League champions filed the claim in January to recoup about $15.6 million of the $17 million Bagwell is guaranteed this season in the final year of his contract, arguing he is too hurt to play because of a chronically injured right shoulder. The Astros took the position that Bagwell was totally disabled in January 2006 even though he played in September and October 2005. Thus, Connecticut General determined that there had been no adverse change in Mr. Bagwell’s condition between the end of last season and the date the policy terminated on Jan. 31, 2006.

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http://www.insurancejournal.com/news/southcentral/2006/03/29/66871.htm

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