Subrogation Insurance Claims News (Page 4)

Hyundai, Kia Recalling 571K+ Vehicles Due To Fire Risk

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.

March 27, 2023 Auto Subrogation

Washington Court Allows Recovery For Residual Diminished Value Following Vehicle Repairs

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.

March 9, 2023 Auto Subrogation Washington

South Carolina Supreme Court Says Passenger/Employee May Not Recover UM Benefits From Driver/Co-Worker Auto Carrier

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.

March 6, 2023 Subrogation South Carolina

Total Loss Claims Skyrocket As Vehicle Technology Advances

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 Auto Subrogation

700K+ Nissan Rogue SUVs Recalled Over Ignition Key

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.

February 28, 2023 Auto Subrogation

Subrogation and the Gig Industry: Workers’ Compensation Subrogation, PEO, and Employee Leasing Companies

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 Subrogation

Subrogating Dog Bite Cases

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 Subrogation

Honda Recalls Over 114K Vehicles For Rear Camera Issue

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).

February 8, 2023 Auto Subrogation

Trial Lawyers Fail In Bid To Make Connecticut A Made Whole Nightmare

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.

January 11, 2023 Subrogation Connecticut