Learn how waiver of subrogation clauses benefit tenants and landlords by preventing costly litigation. Discover types, uses, and limitations of these key lease provisions.
An increasingly common source of delay and confusion seems to be whether a contracting party will, or even can, waive its liability insurer’s subrogation rights against the other party, especially ...
Discover how equitable subrogation lets insurers reclaim costs in claims settlements. Learn its role and use in legal rights transfer within the insurance industry.
In Ace American Insurance Co. v. American Medical Plumbing, 458 N.J. Super. 535 (App. Div. 2019), the Appellate Division addressed an issue of first impression in New Jersey: the enforcement of waiver ...
The Maryland Supreme Court has agreed to hear a Baltimore City case that will determine the scope of subrogation waivers in construction contracts. Last week, the state’s high court granted a ...
As is the case with all contracts, as the saying goes, the devil is in the details. Whether you are a landlord or tenant, it is important to understand the potential implications of the insurance and ...
As Todd Dills and I discussed for his 2021 story “Just say no: One owner-operator's approach to broker/customer demands to be 'additional insured'," brokers and customers frequently require that they ...
Take, for example “Waivers of Subrogation.” (It is not a heavy-metal band.) To understand it, let’s break it down to its components. “Waiver” is the voluntary giving up of a right. “Subrogation” is ...