If a person who receives payment from the insurer has the right to recover damages from another, the insurer has the right to:
A)gentrification.
B)subrogation.
C)redlining.
D)demutualization.
E)blockbusting.

Question

Quizplus · Accepted Answer

Subrogation is the legal right that allows an insurer to pursue a third party that caused an insurance loss to the insured. This is done as a means to recover the amount of the claim paid by the insurance carrier to the insured for the loss.

If a Person Who Receives Payment from the Insurer Has