Closing the Recovery Gap: Strategies to Reduce Subrogation Leakage
Recovery leakage rarely stems from a single mistake. More often, it results from a series of small oversights that compound across thousands of claims, costing insurers millions of dollars in lost recoveries each year. According to a National Association of Insurance Commissioners (NAIC) study, subrogation leakage costs the insurance industry approximately $15 billion each year. […]