May 2021 Subrogation Newsletter
Employers Fight Losing Battle Against Tortfeasors Who Cause Premium Increases. Perhaps it’s a lack of subrogation education, perhaps it’s something more. For many corporate risk managers and claims professionals, the concepts of underwriting and experience ratings remain a clouded mystery, yet they directly affect the amount of annual premiums a company must pay. These premiums remain one of the most significant business expenses for any American employer.
Understanding when, where, and why subrogation actions by a landlord’s insurer against a tenant are permitted or prohibited is critical to maximizing property subrogation recoveries. The ability to subrogate effectively and negotiate effectively in landlord/tenant situations depends on a subrogation professional’s familiarity with the laws of the particular jurisdiction involved. A link to a chart depicting the landlord/tenant subrogation laws in all 50 states is in this article.
Understanding the nuances of the somewhat complicated and confusing subrogation law in California is instrumental in formulating the right decision when it comes to protecting your workers’ comp subrogation interests. California workers’ comp subrogation requires an in-depth knowledge of the law and ability to play poker. California is perhaps the most confusing state for subrogating when employer negligence is alleged. This article discusses the more confusing aspects of California subrogation.