Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Subrogation

Subrogation is the substitution of one person for another with respect to rights, claims, or securities. In insurance, subrogation is the right for an insurer to pursue a third party that caused an insurance loss to the insured. This is done as a means of recovering the amount of the claim paid to the insured for the loss.
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