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Subrogation grants the insurer the right to pursue a responsible third party after paying the insured’s claim. For example, if a negligent driver causes damage, the insurer can recover from that driver after paying its own insured. This helps control costs and maintain fairness. Adjusters must recognize subrogation opportunities and preserve evidence for recovery efforts.

Premises liability covers accidents occurring on the insured’s premises due to unsafe conditions. Products liability covers damages from products sold, and completed operations covers work after completion. Adjusters must assign the correct liability type for accurate claims handling.

Unreasonable delays without explanation violate Fair Claims Settlement Practices. Adjusters must provide timely updates, explain delays, and act promptly to avoid regulatory penalties and bad faith accusations.

Fair Claims laws require insurers to provide written status updates within statutory deadlines (often every 30 days) when additional investigation is needed. Adjusters must maintain communication and document updates properly.

Hull Insurance insures the physical structure of the vessel against covered perils. Cargo insures goods, PandI covers liability, and freight insures anticipated income. Adjusters must confirm hull coverage when assessing ship damage claims.