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Search results for: Subrogation
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17 results found
https://completemarkets.com/Article/article-post/1353/AUTO-SUBROGATION-FOLLOW-UP-NO-2/
Auto Subrogation - Follow Up No. 2
AUTO SUBROGATION - FOLLOW UP NO. 2 Dear (Customer ...

https://completemarkets.com/Article/article-post/1351/AUTO-SUBROGATION/
Auto Subrogation
AUTO SUBROGATION Dear (Customer Name), RE: Collis...

https://completemarkets.com/Article/article-post/1352/Auto-Subrogation-Follow-Up-No-1/
Auto Subrogation - Follow Up No. 1
Dear (Custo...

https://completemarkets.com/Article/article-post/1829/KEY-ELEMENTS-OF-AN-EFFECTIVE-WORKERS-COMPENSATION-CLAIM-AUDIT/
...questions about compensability, subrogation or possible fraud. 6. Diary Syste...emporary disability benefits. 14. Subrogation. When claims are caused by negligent third parties, subrogation should be investigated and purs...

https://completemarkets.com/Article/article-post/2330/CLAIMS-MANAGEMENT-AN-IMPORTANT-PART-OF-A-SUCCESSFUL-INSURANCE-PROGRAM/
...d claims practice dictates that subrogation from a viable third party, once id...

https://completemarkets.com/Article/article-post/2353/Crisis-Management-Plan-Development-Part-1/
... loss and litigation concerning subrogation opportunities and activities. This...associated insurance claims and/or subrogation legal activities are completed....

https://completemarkets.com/Article/article-post/68/Salvaging-Your-Investment-After-The-Earthquake/
...rty. Insurance policies contain subrogation clauses, which entitles insurance ...money. The right of the insurer to subrogation is contained in the policy, but...

https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2330/CLAIMS-MANAGEMENT-AN-IMPORTANT-PART-OF-A-SUCCESSFUL-INSURANCE-PROGRAM/
... coverage will be coordinated with the methods and levels they have chosen for retention and risk financing. Why should they not expect to have some initial understanding of who will handle their claims, how and by whom and within what legal and ethical parameters their claims will be defended, or some input into when and for how much their claims are settled? This is not to advocate that insurance carriers should abandon the claims discipline to their insureds, any more than they similarly abandon the underwriting discipline. However, as proper underwriting criteria for risk selection and rating differ under the circumstances of different programs or accounts, different market conditions, and different carrier appetites, the procedures and standards that dictate claims practices can also differ and still be proper legally and actuarially. For instance, good claims practice dictates that subrogation from a viable third party, once identified, should always be pursued because the policy provides the carrier that right. But what if the viable third party happens to be an important client of the insured and an attempt to recoup a claim expenditure could interfere with the insured's continuing relationship with that client in the long run? Especially when the insured participates in the ultimate financial exposure for the loss, whether to subrogate becomes not only a claim decision but also a business decision. As another example, cost-effective claims philosophy dictates that small claims even if somewhat questionable, usually be settled early at a nominal cost (commonly called nuisance value) to prevent the need for incurring further investigative and defense expenses. But what if the insured believes that such a settlement in a particular case will encourage more ...

https://completemarkets.com/Article/article-post/549/Outsource-Claims-Management-Realize-Reduced-Costs/
...organization includes a special subrogation and salvage division, which ensure...

https://completemarkets.com/Article/article-post/1632/MANAGING-RISK-A-GUIDE-FOR-YOUR-BUSINESS-CLIENT-PART-3-OF-4/
... are needed, as is attention to subrogation potentials. It eliminates muc...f loss adjustments. Techniques of subrogation-recognizing the potential and f...