QuestionJuly 29, 2025

2. The transfer of recovery rights to an insurer that has paid a claim is known as: (Search Chapter 11) a. indemnification. Ob. subrogation. c. personal injury protection. Od. securitization.

2. The transfer of recovery rights to an insurer that has paid a claim is known as: (Search Chapter 11) a. indemnification. Ob. subrogation. c. personal injury protection. Od. securitization.
2. The transfer of recovery rights to an insurer that has paid a claim is known as:
(Search Chapter 11)
a. indemnification.
Ob. subrogation.
c. personal injury protection.
Od. securitization.

Solution
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Answer

b. subrogation. Explanation 1. Identify the correct term The transfer of recovery rights to an insurer that has paid a claim is known as **subrogation**.

Explanation

1. Identify the correct term<br /> The transfer of recovery rights to an insurer that has paid a claim is known as **subrogation**.
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