Acme,Inc.owned a warehouse that was insured under a property insurance policy issued by Feelsafe Insurance Co.The warehouse was heavily damaged when a fire that was negligently started by a hotdog stand worker (an employee of Funfoods Corp. )went out of control and engulfed portions of the building.Since fire was a covered peril,Feelsafe paid the claim submitted by Acme.What rights,if any,does Feelsafe acquire? Explain.

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The Answer of Acme,Inc.owned a warehouse that was insured under a property insurance policy issued by Feelsafe Insurance Co.The warehouse was heavily damaged when a fire that was negligently started by a hotdog stand worker (an employee of Funfoods Corp. )went out of control and engulfed portions of the building.Since fire was a covered peril,Feelsafe paid the claim submitted by Acme.What rights,if any,does Feelsafe acquire? Explain.

Acme,IncOwned a Warehouse That Was Insured Under a Property Insurance