Old Dominion Insurance Company Granted Final Summary Judgment Where Insured Compromised Subrogation Rights

Categories: Subrogation & Recovery|Tags: , |

Insurance policies routinely include a condition prohibiting an insured from compromising the insurer’s rights of recovery against third parties that may have caused the damages claimed.  Such conditions impose an obligation on an insured not to compromise the insurer’s rights of recovery / subrogation rights against an at fault party.  Subrogation is the means […]