"Subrogation Simplified" is part of our podcast series designed to foster education and dialogue among professionals across the insurance industry. With a special focus on claim professionals, we aim to explore the various facets of insurance to enlighten, inform, and provoke thoughtful discussions.
Learn more about our services at Auten Claims and gain insights from CMR Consulting by visiting CMR Consulting. Additionally, don't miss out on Chantal’s insightful book, Art of Adjusting®, available now.
This episode zeroes in on the concept of subrogation—a critical component in the insurance claims process. We start by demystifying subrogation, explaining its definition, and discussing the circumstances that lead to its occurrence. Whether you're a newcomer to the field or a seasoned expert, this segment will refresh your understanding and highlight the importance of subrogation.
We then guide you through the meticulous steps involved in the subrogation process. Listeners will gain insight into the role of the adjuster in covering the policyholder's claim and the legal nuances to consider, such as compliance with the Unfair Trade Practice Acts (UTPA). The episode also outlines the best practices for interacting with the at-fault party and managing the procedural aspects of claims recovery.
Additionally, we address the complexities that arise when you are presented with a subrogation demand. From initial discovery to investigative procedures and making crucial coverage and liability decisions, we provide practical tips to navigate these challenges effectively.
Join us on "Subrogation Simplified" as we provide you with the tools and knowledge to excel in the ever-evolving insurance landscape. Each episode, including this one, is an invitation to enhance your professional acumen and engage with a community of peers dedicated to excellence in the field of insurance.
For more resources, check out www.theartofadjusting.com/resources.
Questions about this episode? Shoot me an email at wauten@auten.claims
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