Solace Insurance Company (SIC)sold an insurance policy to Kelly.Because of the occurrence of certain events,the concept of subrogation has become relevant.This most likely means that

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The concept of subrogation arises when the insurer pays the insured for the loss incurred due to a third party's actions. In such cases, the insurer is entitled to step into the shoes of the insured and pursue legal action against the third party to recover the amount paid out to the insured. Therefore, option C is the most likely scenario where a tortfeasor has damaged property that Kelly had insured, and SIC is seeking subrogation to recover the amount paid out to Kelly. Options A, B, D, and E do not relate to subrogation.

Solace Insurance Company (SIC)sold an Insurance Policy to Kelly