Subrogation is the legal right of an insurer—or in this case, a self-insured company—to pursue recovery from the party that caused the loss. The process typically involves:
Identifying Recoverable Claims: A thorough claims review helps pinpoint incidents where another party is liable.
Investigating Liability: Gathering evidence, witness statements, and police reports to establish fault.
Pursuing Recovery: Negotiating settlements with the responsible party or their insurance carrier.
Litigation (If Necessary): If a settlement cannot be reached, legal action may be taken to secure recovery.
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