Insurance 101 – Chapter 10 – Volume 11 – Retaining a Subrogation Attorney

 Retaining a Subrogation Attorney

If the subrogation claim cannot be resolved by persuasion, arbitration, or inter-company arbitration (if the responsible party is insured), the insurer must retain a attorney to bring a lawsuit to recover the amounts paid to the insured. It is the adjuster’s obligation to establish how the attorney is to be paid. Some insurers require their attorneys to represent them on a contingency fee basis. They sometimes ignore the fact that they have  negotiated,  on the third party side, discounted hourly rates and that it would be less expensive to retain the attorneys on an hourly basis and to collect from the responsible party.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

Legal Disclaimer

The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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