The full name of the Additional Insured as shown in the Insurance Exhibit should be entered here. The act of subrogation primarily occurs between your insurance company and that of another person's insurance company.Subrogation means your insurance company can recover the money it paid to you for your injury from the at-fault party that caused your injury. You have no legal obligations to respond to a subrogation letter. A workers' comp waiver of subrogation is a document that states that you are waiving your right for your insurer to seek compensation from a third party. Subrogation is the process an insurance company uses to recover claim amounts paid to a policyholder from a negligent third party. Your insurer must notify you if it intends to assert subrogation rights. Your insurance policy probably contains language that requires you to cooperate. IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must be endorsed. The insurer is substituted as the plaintiff in the insured's place and may assert the insured's right to recover assignable, pecuniary damages.
