canceled insurance policies News

Subrogation Magic: Creating Something Out Of Nothing

In 2010, researchers at the University of Michigan hypothesized that it is theoretically possible to conjure particles from a complete vacuum under the right circumstances. Performing such a feat in the world of subrogation might seem improbable, but subrogation theory …

Sears Suppliers Halting Shipments as Insurers Cut Coverage

Three of the biggest insurance firms for Sears Holdings Corp.’s suppliers are seeking to reduce coverage, prompting at least one medium-sized vendor to halt shipments to the department-store chain, people with knowledge of the matter said. Euler Hermes Group, one …