Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Ebony Howard is a certified public ...
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 ...
A New York trial court has ruled that all claims brought by an insurance company, as subrogee, against its insured’s landlord were barred by a lease provision waiving subrogation rights. After the ...
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What is a hold harmless agreement?
A hold harmless agreement releases a party from the consequences of another's actions. Learn how and when to use a hold ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has ...
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 ...
Subrogation is the process by which your insurance company seeks financial reimbursement for claims it paid out but wasn’t financially responsible for. For example, if you were in a car accident but ...
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 ...
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 ...
Negligence; Duty: In a negligence action by a social guest against a landowner arising from injuries the guest sustained in all-terrain vehicle accident at large social gathering on property on which ...
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