subrogation

(redirected from Subrogor)
Also found in: Dictionary, Thesaurus, Legal, Financial.

subrogation

The substitution of one person for another with respect to legal rights such as a right of recovery; occurs when a third person, such as an insurance company, has paid a debt of another or claim against another and succeeds to all legal rights which the debtor or person against whom the claim was asserted may have against other persons.
Mentioned in ?
References in periodicals archive ?
Under either scenario, insurance law does not protect the insured: there is no duty on the part of an insurer--as subrogee--to settle its subrogor's claim in good faith.
Premium Fence & Construction, LLC as subrogor of Wesco Insurance Company vs.
rights and claims of the subrogor with respect to the loss or