The lower court dismissed State Farm's claims against both tenants on July 18, 2022. The appellate court affirmed that ...
In a striking legal turn, State Farm's subrogation efforts faced a significant setback due to a contradictory position taken by its insured in an earlier court case. The Appellate Division, Second ...
When an insurance company becomes insolvent, state liquidation statutes govern how the company’s remaining assets are distributed among claimants. Each state has a priority of distribution statute ...
Two legal experts from Weltman, Weinberg & Reis tackled one of the most complex situations that auto finance companies and insurance providers might ever face. That’s when subrogation recovery ...
In an unpublished decision, the Wisconsin Court of Appeals recently addressed the interplay between contractual and statutory subrogation rights in the context of out-of-state personal injury ...
The anti-subrogation rule, as one might expect from the title, imposes a limitation on the insurer's right to subrogate. Under that rule, promulgated by the Court of Appeals in 1986, an insurer may ...
State Farm denied it. Bowens sued in District Court, which has a $30,000 cap. State Farm moved to dismiss, arguing that ...
Wall Street hedge funds are swooping in to buy possible insurance claims tied to California’s Eaton fire, a move that has rattled state officials and raised ethical concerns about profiting from ...
Hedge funds speculating on wildfire insurance claims in California were just dealt a legal blow, after the state adopted new legislation designed to stifle such bets. Under the law, approved last ...
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