good morning i’m a student. i’m studying insurance and risk management i was given the scenario below
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Insurance Question from New York, NY
Asked on 04/14/2012
good morning i’m a student. i’m studying insurance and risk management i was given the scenario below Mr A is involved in a car cident, the owner of the other vehicle is Mr B.both of them blame each other for the accident and the damages. Mr B's car was repaired by the Family Trust's insurer and basically not his OWN insurance company. now the insurance company is suing mr A for the damages to Mr B's car. this (as far as i know )should not be happening when we take the principle of indemnity and subrogation into account but i don't know how to use those concepts here. what adivice would you give Mr A?
Answer given on April 14, 2012
Since this is your course, for me to give you answers would not be ethical.
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