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subrogee

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

subrogee 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 lawsuit against a party which caused the damages to its insured which the subrogee paid. (See: subrogation, subrogor)



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The court went on: "In contractual subrogation actions, the statute of limitations runs from the date of the injury to the original "rightholder" and not from the date of payment by the subrogee.
State Farm paid the homeowner $19,271 and then, as his subrogee, sued Premier and Worldwide.
Subrogation interest" includes past, present, and estimated future payments of compensation, medical benefits, rehabilitation costs, or death benefits, and any other costs of expenses paid to, or on behalf of, the claimant by the statutory subrogee.
 
 
 
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