The word “subrogation” derives from the Latin “subrogare,” which could be used to mean “to put one person in the place of another.”

The Terrorism Risk Insurance Act was signed into law by President George W. Bush on November 26, 2002, as a result of the September 11 attacks.

To put it plainly, a misrepresentation in an insurance context is a false statement made to the insurer to induce the acceptance of a contract.

The merit of interpreting coverage provisions broadly and coverage exclusions narrowly.