An insurer's right to seek reimbursement from a third party for claims they paid to their policyholder.
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Subrogation
An insurer's right to seek reimbursement from a third party for claims they paid to their policyholder.
Related terms
- Medical Liens — Claims by healthcare providers against settlement proceeds for treatment provided to an injured client.
- Settlement Negotiation — Discussions between parties to resolve a claim without trial, typically involving the plaintiff's attorney and insurer.