Legal Question in Insurance Law in California
Subrogation
Is it possible for an insurance company that is liquidated, insolvent to assert a subrogation claim against a defendant?
Asked on 7/23/02, 5:46 pm
1 Answer from Attorneys
Steven Murray
Steven W. Murray, APC
Re: Subrogation
Yes, it is done by the liquidator/trustee/convervator. The subrogation claim is an "asset" of the company.
Answered on 7/24/02, 4:15 pm