Tag: Property Subrogation

Does pursuit of subrogation on low dollar property claims have value?

Each year hundreds of thousands of Property subrogation dollars are left on the table as not every insurance carrier has the workforce in place to pursue recovery on-low dollar Property claims for a variety of reasons.  Many subrogation law firms and subrogation vendors also have little or no interest in pursuing these claims, as the […]

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Contents Loss – No Proof

The Challenge: Client insured HO Rental policy pertained to her renting an apartment in son’s home. A fire ensued which unfortunately was caused by the son improperly discarding incense. The apartment was a total loss and client paid out the maximum contents’ limits of policy (Renters) of $15,000 and Loss of Use ($3,000), $18,000 to […]

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Property Client – Fire Loss

The Challenge: Spartan was assigned to recover $34,517.23 due to smoke damage resulting from a fire that started in a restaurant below the insured residence. Our investigation concluded that the restaurant owner was responsible for the fire, and Spartan pursued them for recovery. The carrier for the building owner confirmed that the fire initiated in […]

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16 Barriers to Successful Subrogation Recovery

A variety of factors can preclude successful subrogation outcomes and recovery results can vary greatly when any of these factors become a barrier. Some of these issues can be addressed through education, while others create challenges for all involved. The recovery specialist is responsible for making a convincing argument as to how and why the claim facts […]

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Incorrect Light Fixture Installation by Contractor Causes House Fire

The Challenge: This Property Claim was identified during our FNOL review and involved an electrical fire loss where payment was made to the policyholder in the amount of $153,569. The fire allegedly started due to a light fixture being installed improperly by the electrical contractor. Unfortunately, the light fixture was not preserved after the fire […]

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Neighbor’s Illegally Installed Generator Causes House Fire – FNOL

The Challenge: Claim identified via our First Notice of Loss Program and involved a large fire loss to the insured’s home caused by a fire originating from a neighbor’s home during Hurricane Sandy. The Total Loss of insured’s home brought the paid claim value to $627,629. The property where the fire originated was completely destroyed […]

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Neglectful Neighbor’s Hazardous Tree Causes Extensive Damage – FNOL

The Challenge: This claim was identified via our First Notice of Loss Review Program for one of our property clients. The claim involved a loss in which the client insured had placed his neighbor on notice that their tree was a hazard prior to Hurricane Sandy.. The storm caused the tree to fall onto the […]

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Water Damage due to Incorrect Plumbing Installation – FNOL

The Challenge: This claim was identified during our First Notice of Loss Review Program for one of our property clients involving a water damage claim due to a finishing nail which penetrated a pipe in the insured residence during renovations when the plumber failed to install nail guards on two studs where the hot water […]

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When is it time to cease recovery efforts?

Subrogation professionals are never pleased when a case they are handling reaches an impasse and needs to be shut down, especially after investing a significant amount of time and effort reviewing the claim facts, gathering missing evidence and developing a theory of negligence.  But sometimes ceasing recovery efforts is a prudent decision even when the […]

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What is the subrogation potential on water damage claims caused by leaky plumbing?

Damages resulting from water are one of the most common homeowner claims and are often very costly.  High paid claim dollars can result if the leak is not detected early.  Because plumbing is often hidden (running behind walls, in attics and in many instances encased in cement below the floor) water can be running for […]

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Building a successful subrogation program

Approximately 15% of claims are closed without identifying subrogation opportunities. Read More

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Can you successfully subrogate snow removal claims?

Snow covered roofs contribute to the beauty of the winter season but melting and re-freezing snow can result in mixed success when subrogating on paid snow-removal claims. Read more here

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Managing expenses on low dollar property cases

After a loss, the first person to be in contact with a policyholder is the first report taker who is trained to listen carefully to the details of the loss being reported and records it accordingly, but who has no knowledge of the ultimate severity of the loss.  The carrier field insurance adjuster or an […]

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Building a successful property subrogation program

Successful subrogation programs require a strong foundation, strengthened with proven recovery processes and refined with strategies relevant to each line of business.  Read more here http://www.propertycasualty360.com/2017/11/17/building-a-successful-property-subrogation-program?slreturn=1517934198

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Think Subro!

Many companies and self-insureds frequently leave large quantities of revenue unrecovered each year by failing to properly pursue subrogation interests.  read more here

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Five Subrogation Tips for Property Losses

Most subrogation professionals will agree property losses can pose unique challenges for a successful recovery. Very often, expeditious claims handling can have a negative impact on a subrogation opportunity if the adjuster is moving quickly to bring the loss to a conclusion and forgetting about potential recovery opportunities. read more here

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Why self-insureds need a subrogation program

Most insurance carriers have long ago recognized the importance of subrogation.  Some have developed dedicated departments staffed with highly trained specialists who may work in conjunction with the claims department to handle this function.   Others are supported by outside resources to reach their recovery goals.  But oftentimes the subrogation process is underutilized or neglected entirely […]

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Five practices to capture more money on property subrogation claims

Subrogation on property losses can present a number of challenges for the Property Adjuster who has to balance expeditious claims handling with a thorough investigation in to the cause of the loss.  Here are 5 practices that can lead to success in the pursuit of a recovery: Have an Eye for Recovery – Make it a point to […]

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Subrogation Solutions for Insurers

Subrogation programs are often handled in-house, while others are fully or partially outsourced. Each company needs to make a decision on which model will be the most cost-effective and efficient for their organization.  read more here

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