A Smart Way to Share the Risk in Subrogation and Reinsurance Cases

| February 5, 2020

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For insurers and their outside counsel, litigation finance can offer creative ways to pursue subrogation and reinsurance claims that otherwise may have been left behind. Insurers have rights of subrogation that allow them to try to recoup the costs they have paid out to a policy holder from a responsible party. For example, in a train derailment, the insurer may pay hundreds of claims to property owners, under their first-party property damage insurance policies, whose buildings were damaged. Then, assuming the railroad was liable, the insurer would assert its subrogation rights and pursue a claim against the railroad.

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Pacific Life

Celebrating 150 years of service in 2018, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings.

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Spotlight

Pacific Life

Celebrating 150 years of service in 2018, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings.

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