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FEDERAL INSURANCE COMPANY v. SPECTRUM INSURANCE BROKERAGE SERVICES, INC.

304 A.D.2d 316 (2003)

758 N.Y.S.2d 21

FEDERAL INSURANCE COMPANY, Appellant, v. SPECTRUM INSURANCE BROKERAGE SERVICES, INC., et al., Respondents.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided April 1, 2003.

Subrogation entitles an insurer to stand in the shoes of its insured for the purpose of seeking indemnification from one or more third parties whose wrongdoing caused the loss for which the insurer was obligated to pay (see ELRAC, Inc. v Ward, 96 N.Y.2d 58, 75 [2001]; Jefferson Ins. Co. of N.Y. v Travelers Indem. Co., 92 N.Y.2d 363, 373 [1998]; Trans-Resources, Inc. v Nausch Hogan &...

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