A letter from America
Despite being virtually a risk-free procedure, few UK insurers look to pursue recovery of money for claims on which their clients are not responsible. Simon Jones and Natalie Cooksammy explain that although this practice is widespread in the US, an early precedent was set by an 18th century London insurance firm
The term 'subrogation industry' is routinely heard in insurance circles in the US but is such an industry emerging in London? A war between the British and the Americans - and a related riot in London
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