Which of the Following Is Not True Regarding the Doctrine

question 16

Multiple Choice

Which of the following is not true regarding the doctrine of subrogation in insurance law?

• A)The insurer,when taking legal action against the party at fault,must sue in its own name.
• B)When the insured has received a full payout for a claim the insurer can retain any money received in excess of the claim.
• C)The insurer acquires all legal rights that an insured has in regard to a claim,including the right to sue the party at fault.
• D)If the insured releases the party at fault from liability,the insurer is probably also released from liability.

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U.S. Dollar

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