A lease provision that provides that landlord and tenant will hold each other harmless from one another's actions in regard to any casualty to the premises will impair an insurance company's right of:

Question

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The provision in the lease that releases the landlord and tenant from liability to each other in the event of a casualty will impair the insurance company's right of subrogation. Subrogation refers to the right of the insurance company to recover the amount it paid on a claim from any third party that may be responsible for the loss. Essentially, the provision would prevent the insurance company from pursuing any legal action against the landlord or tenant for their role in causing the casualty.

A Lease Provision That Provides That Landlord and Tenant Will