Subrogation Crossword

4. The ratio of claims paid out by an insurance company compared to the premiums it receives
5. The legal entitlement of the insurer to seek compensation from a third party after paying a claim to the insured
7. The amount the insured is responsible for paying out-of-pocket before the insurer pays the remaining claim amount
9. A natural and unavoidable catastrophe that's beyond human control and may relieve a party of liability in some legal contexts
11. The act of repaying the insurer for the amount it paid out for a claim after recovering from a third party
13. A form of alternative dispute resolution where an arbitrator hears both sides and makes a binding decision
15. The destruction, alteration, or failure to preserve evidence that's relevant to a claim
17. An agreement between the insurer and the third party to resolve a claim

1. The individual covered by an insurance policy who has the right to claim benefits
2. The insurance company that provides coverage and pays claims to the insured
3. The maximum amount an insurer will pay for a covered loss under the terms of the insurance policy
6. The process of discussing and arriving at a mutual agreement between parties
8. The legal components required to prove a tort claim
10. The failure to exercise reasonable care, resulting in damage or injury to another party
12. A demand for payment or compensation under an insurance policy for a loss or damaged incurred
14. A legal principle or contractual obligation where one party agrees to compensate another for losses or damages
16. The party being sued or accused in a legal proceeding