Simple but sometimes overlooked negotiating skills can help reduces losses for insurers and other payers that go to subrogation, a pair of subrogation experts said.
South Korean automaker Kia has announced a recall of nearly 109,000 sport utility vehicles (SUVs) in the US market due to a software glitch in the instrument cluster that causes the display screen to go blank, making it impossible for drivers to see indicators and warning lights.
General Motors Co. is recalling certain Chevrolet Silverado medium-duty trucks with model years 2019 or later due to a potential brake fluid leak that could lead to a fire.
Seventeen state attorneys general have called on the federal government to recall millions of Kia and Hyundai cars due to their susceptibility to theft, which has been amplified by a viral social media challenge.
Honda is recalling 563,711 older-model CR-Vs in 22 cold-weather states and Washington, D.C., because an accumulation of road salt can cause the vehicle’s rear trailing arm to corrode and detach, which could lead to a crash.
Hyundai and Kia are telling the owners of more than 571,000 SUVs and minivans in the U.S. to park them outdoors because the tow hitch harnesses can catch fire while they are parked or being driven.
One by one, states have begun to recognize a vehicle owner’s third-party claim for residual diminished value damage, or ‘stigma damage’, which is the loss of value of an automobile that remains after it is completely and professionally repaired. It is the loss of value that results from the simple fact that the vehicle has been in an accident.
South Carolina’s Exclusive Remedy Rule has prevented an employee from collecting $350,000 in uninsured motorist benefits for injuries she sustained in an automobile accident she was in while a passenger in a vehicle owned and driven by a co-employee.
Earlier in my career I handled a subrogation case involving a brand-new vehicle which was lightly tapped from the rear by a careless driver. The damage to the vehicle was very minimal, yet the vehicle was declared a total loss by my client because its frame had been ‘jiggled’ and the cost to repair the frame, together with the diminution in value of the vehicle after successful frame repair and increased salvage value exceeded the actual cash value of the vehicle.
March 3, 2023 Matthiesen, Wickert & Lehrer, S.C.AutoSubrogation
Nissan has notified the National Highway Traffic Safety Administration (NHTSA) that it is recalling 712,458 Rogue and Rogue Sport SUVs in the United States over a problem with the ignition key. The key is a "jackknife" design that can collapse while the vehicle is moving, potentially causing it to shut off, Nissan’s filing states.
A huge segment of America’s service economy involves flexible, temporary, part-time, or freelance jobs -- frequently involving professional employer organizations (PEO’s) or employee leasing companies.
February 10, 2023 Matthiesen, Wickert & Lehrer, S.C.Subrogation
One insurance company -- State Farm -- has referred to dog bites as a ‘serious public health problem.’ In 2018 alone, one carrier paid $90 million in claims on roughly 3,500 dog bite incidents
February 9, 2023 Matthiesen, Wickert & Lehrer, S.C.Subrogation
Honda is recalling 114,686 vehicles due to an inoperative rearview camera display that can reduce the driver’s rear visibility, increasing the risk of a crash, according to documents filed with the National Highway Traffic Safety Administration (NHTSA).
For years, trial lawyers have been threatening and filing class action lawsuits in multiple states in an effort to thwart their arch nemesis -- subrogation. States such as Montana have gone so far as to hold that it is the burden of the subrogated insurance company to determine and prove that its insured has been fully made whole before it can take any action toward recovering its subrogated insurance payments.