SUBROGATION PROFESSIONALS CAN AVOID THAT SINKING FEELING WHEN SUBSIDENCE AND SINKHOLES IN SOUTH FLORIDA CAUSE PROPERTY DAMAGE

A study conducted by scientists at the University of Miami has revealed that almost three dozen high-rise condos and luxury hotels along the beach in South Florida are sinking, and insurance companies are on high alert. To be exact, thirty-five buildings, including both luxury hotels and condominiums, have sunk between one to three inches in…

Missouri Appeals Court Rules on Workers’ Comp Subrogation in First-Impression Case: Wolk v. Grinnell Mut. Reinsurance Co., 2024 WL 4536811 (Mo. App. 2024)

Jason Wolk and Jeffrey Meyer were injured while working for J. Wolk Construction, LLC. Their workers’ compensation insurer, Grinnell Mutual, covered their claims, paying Wolk $900,969.83 and Meyer $815,829.47. The employees pursued legal action against multiple third parties, and before the case proceeded to trial, one of the defendants agreed to a $1,000,000 settlement. Each…