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This CLE webinar will provide insurance counsel with an understanding of the critical principles of subrogation, the interplay of subrogation with indemnity and hold-harmless releases, and best practices in drafting and negotiating waivers of subrogation, releases and indemnification clauses.
The scope of an insurer’s subrogation rights, generally a matter of state law, may be expanded or contracted depending on the language of the underlying policy. Understanding the interplay between subrogation law and policy provisions is critical.
Waiver of subrogation rights is commonly found in most commercial contracts where one or both of the parties agree to waive all subrogation rights they may have against the other party. Using boilerplate language has great potential for coverage problems down the line.
When insurance companies sign subrogation settlement agreements, counsel must carefully consider the language of the provisions on indemnity and hold-harmless obligations to shield the insurance company from unintended future liability.
Listen as our authoritative panel of attorneys guides you through the maze of subrogation principles, the interplay with contractual indemnities and hold harmless releases, and best practices for negotiating waivers of subrogation, releases and indemnification provisions.
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