n. the person or entity that assumes the legal right to attempt to collect a claim of another (subrogor) in return for paying the other's expenses or debts which the other claims against a third party. A subrogee is usually the insurance company which has insured the party whose expenses were paid. Thus, the subrogee insurance company may file a la...
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(n) Subrogee is the person or legal entity who assumes the legal right or clime by settling the clime of the third parties. Usually insurance companies act as subrogee by settling the climes against the insured they stand in the shoes of the insured and later recover what the insurer is legitimately eligible. For example when the car of the insured...
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http://www.encyclo.co.uk/local/21213
The insurance company that assumes the legal right to collect the claim of an injured claimant (the subrogor) against the third party that caused the injury, in return for paying the other's expenses in advance. (See also: subrogation)
Found on
http://www.nolo.com/dictionary/subrogee-term.html
No exact match found.
