While the carrier is granted the rights of subrogation, reimbursement and a future credit/offset in both New York and New Jersey, figuring out how the claimant’s third-party recovery factors into your valuation of the case can get complicated.
In this LIVE webinar, Greg Lois will break down how the numbers work for each of the rights under Section 29 and Section 40, and what that means for your exposure and reserves.
The Civil Litigation Webinar Series, from Lois Law Firm, is held on the THIRD MONDAY of the month at 3:00 PM EST. These webinars are focused on practical claims-handling and perfect for your team members who need state-specific training or a refresher course for this jurisdiction! Each webinar features a live presentation followed by a Question & Answer session. To register for a Civil Litigation Webinar, click the button below:
Greg Lois is the Managing Partner of Lois Law Firm LLC. Greg is the co-author of the LexisNexis “Practice Guide to Workers’ Compensation in New Jersey” published by Matthew Bender (2017-2023, ISBN:9781663363053). In October 2019, Greg earned the designation “Certified Litigation Management Professional (CLMP)” at the Litigation Management Institute hosted at Loyola University Chicago School of Law.
Greg Lois represents employers, self-insured companies, third party administrators, and insurance carriers in workers’ compensation matters. Greg has served as lead attorney on more than 100 trials involving workplace discrimination, workers’ compensation, and civil claims.
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The “New York Risk Transfer Handbook" is "an effort to present to you, the curious claims professional, supervisor, manager, risk transfer or recovery specialist, or even fellow lawyer, just how subrogation makes sense in the context of your claims.”
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