Gary Wickert | Claims Journal | July 6, 2017 “Show me the money.” – Rod Tidwell in Jerry Maguire This year is the 20th anniversary of the 1996 romantic comedy Jerry Maguire. Its director, Cameron Crowe, just published the entire 5,000-word mission statement he wrote for his crisis-hit sports agent played by Tom Cruise. The… Continue reading 10 Subrogation Mistakes Insurance Companies Keep Making
Tag: Subrogation
Damages Proof in Subrogation Cases
DON’T TAKE IT FOR GRANTED Hobart M. Hind, Jr., JD | Claims Magazine | January 2017 In the past few years, savvy defense lawyers have taken a more inquisitive approach on the valuation of subrogation damages across all lines of insurance. Gone are the days of assuming the damages must be right because no carrier… Continue reading Damages Proof in Subrogation Cases
Waivers of Subrogation: When a Waiver is not a Waiver
Robert M. Flannery and Douglas Glombarrese | International Law Office | October 25, 2016 Introduction Subrogation – an insurer’s right to ‘step into the shoes’ of its insured and assert the rights of the substituted party – is a fundamental principle in insurance law that allows an insurer to sue an at-fault third party after… Continue reading Waivers of Subrogation: When a Waiver is not a Waiver
News for Contractors and Construction Lenders in Arizona and Nevada – The Contractors’ Lien May Trump the Bank’s
Roy Bash, G. Edgar James and Scott C. Ryan – Polsinelli – July 10, 2014 In addition to an arid climate and plenty of sunshine, Arizona and Nevada have something more to offer contractors: a potentially advantageous position over lenders when a project goes bad. When a project derails and everyone involved is looking to… Continue reading News for Contractors and Construction Lenders in Arizona and Nevada – The Contractors’ Lien May Trump the Bank’s
Waiver of Subrogation – Two Reminders
Stanley A. Martin – February 5, 2014 Diesel fuel is spilled during renovation of a library, damaging both the work in progress and the surrounding building or land. Damages may exceed $500,000, but the owner’s pollution coverage is apparently limited to $5,000. Is the owner barred from pursuing the contractor and others based on the waiver of… Continue reading Waiver of Subrogation – Two Reminders