Angelica Leicht is a seasoned personal finance writer and editor with nearly two decades of experience but just one goal: to help readers make the best decisions for their wallets. Her expertise spans ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...

Subrogation is the process by which your insurance company seeks financial reimbursement for claims it paid out but wasn’t financially responsible for. For example, if you were in a car accident but ...

Subrogation is a fundamental concept in insurance that allows an insurance company to step into the shoes of the insured after a loss and seek recovery from a third party that caused the damage.

Because subrogation has historically been given a low priority, many insurance carriers have discovered missed opportunities regarding causation, spread of loss, delayed “extinguishments”, etc. Now, ...