"The Subrogation Definition" may sound like the title of an episode of "The Big Bang Theory," but it's a term that gives many insurers great relief. Here's a definition of subrogation, fromWest's ...

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.

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 ...

Every now and again, I have to remind myself — or be reminded by a client — that not everyone speaks “law.” What are familiar terms to lawyers aren’t necessarily so to those in other walks of life. I ...

If you're an insurer who wants to make money, knowing the definition of subrogation will help. "The Subrogation Definition" may sound like the title of an episode of "The Big Bang Theory," but it's a ...