Posts Tagged 'Principle of Subrogation'
Principle of Subrogation
Subrogation is one of the main principles of insurance. Subrogation refers to the right of an insurance company to pursue a third party that caused a loss to the insured. For example, when an insurer pays a claim to a policyholder if a third partyโs negligence caused the loss, the insurer may seek reimbursement from [โฆ]