It is a legal right held by most insurance carriers to pursue the party that caused the insurance loss.
Subrogation refers to the act of one person or party standing in the place of another person or party. Subrogation in the insurance world occurs when the insurance carrier makes a payment on behalf of its insured as the result of a covered accident or injury; or when the insurer then seeks repayment from the at?fault party. This video reviews examples of subrogation in the construction context.
Agenda
Faculty
Clark T. Thiel, Esq., AIA
Pillsbury Winthrop Shaw Pittman LLP
- Partner with the law firm Pillsbury Winthrop Shaw Pittman LLP and chair of its construction practice group and member of the firm’s Insurance Recovery & Advisory practice, named by Law360 as a practice group of the year in 2015 and 2016
- Registered architect in multiple states, licensed contractor in California
- Advises and represents owners, developers, and contractors in the drafting and negotiation of design, construction and insurance agreements, and compliance with jurisdictional requirements for the performance of construction and design services
- Provides advice and counselling with regard to troubled projects in the areas of cost overruns, delay and acceleration claims, construction defects, design liability, and insurance recovery
- Represents public and private owners, developers, design professionals, general contractors and subcontractors in the resolution of disputes through litigation, arbitration and mediation
- Can be contacted at 415-983-1031 or [email protected]
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