This message contains images. If you don't see images, click here to view.
Advertise in this news brief.




Text Version    RSS    Subscribe    Unsubscribe    Archive    Media Kit Feb. 19, 2014

Home   About Us   Search The List   For Forwarders   For Listees   Bonding Program   Industry Resources  

 



 Subro

As many of you already know, subrogation often occurs under property and casualty insurance claims when an insurance company pays one of its insureds for damages and then makes its own claim against the others who may have caused or contributed to the loss. It is the process of ascertaining legal liability of and asserting the financial responsibility to all parties related to an insurance loss.

For example, a business owner arrives at his company only to discover it has been destroyed by a fire caused by a defective copier that was purchased last week. His insurance company would pay the claim and then subrogate against the manufacturer of the copier to recover the monies paid out to you.

Subrogation is one of the areas that our ALQ listees may not often consider since it's outside of the "usual" commercial collection cases they are used to handling. However, as the competition for the same kinds of commercial claims continues to increase, I believe the negotiation and resolution skills to resolve subrogation claims are also very much applicable. Many of our listees find that subrogation claims can be a very lucrative revenue stream to an existing commercial collection business. I thought I would pass this idea on for your consideration.

Thomas W. Hamilton




 Industry News


Debt clock is ticking
The Spectrum & Daily News
There was no huge fight of words in front of microphones. Speeches focused more on the task at hand than on which party was doing the "wrong" thing for the country. Instead, lawmakers in the U.S. House and Senate voted to raise the federal debt limit with relatively few fireworks — a dramatic change from the showmanship that we saw before and during the 16-day federal government shutdown in October. See the U.S. debt clock in real time.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Personal responsibility for unpaid company taxes
By Timothy Spencer, Esq.
The reality of becoming a company partner, officer, or executive is for most entrepreneurs an exhilarating dream-come-true. While momentously positive, the ascension also comes with a variety of very serious risks, and one of those risks has the potential to affect the high-level entrepreneur in his or her own personal world. For many individuals occupying significant financial roles within a company, the threat of personal liability for the company's nonpayment of company taxes is very real as both federal and state laws exist that could hold an individual responsible for the infractions committed by the company.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Wiping out debt with oil and gas leases
Corporate Counsel
The recent push to lease property for oil and gas drilling is also helping landowners eliminate large debts.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Bank Of America customers could be due money for collection robocalls
The Charlotte Observer
If you received collection calls on your cellphone from Bank of America in the past few years, you could be in line for $40. The Charlotte bank agreed to a $32 million settlement
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Looking at the future of legal process outsourcing
Corporate Counsel
As in-house counsel look to drive down costs and build up efficiency, they have plenty of reasons to turn to legal process outsourcing.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


7th Circuit affirms rulings on debt collection notices
Martindale-Hubbell
The U.S. Court of Appeals for the Seventh Circuit, in a consolidated appeal of four separate cases, recently affirmed a lower court's dismissal of four separate cases for failure to state claims under the federal Fair Debt Collection Practices Act (FDCPA).
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


What our clients have to say:
I have been an ALQ Listee for more than 40 years. It is remarkable how constant the high level of quality service and assistance has been during that time. A job well done by all!

— Robert A. Pasch, Attorney, Murphy Desmond S.C., Madison, Wis.

I have been the supervisor of legal forwarding for Johnson, Morgan & White for the past 4 years. At the start of my position, the ALQ staff was extremely helpful with both forwarding out cases and recommending attorneys in new areas. In the few issues our agency has had with listees, Tom and his staff have been extremely pro-active in seeking and obtaining resolution. We also forward numerous claims internationally and the recommendations of the ALQ staff, even in remote parts of the world, have been excellent. ALQ has always provided us with quick, great service and I would highly recommend ALQ to any forarders and attorneys.

— Stacy Finkelstein, Supervisor of Legal Forwarding, Johnson, Morgan & White, Boca Raton, Fla.


Upcoming Events


Feb. 22-25, 2014
CLLA Legislative Day
Washington, D.C.

April 24-26, 2014

CLLA National Convention
Westin Michigan Avenue Hitel - Chicago

July 21-23
IACC Midyear Conference
Hilton Hotel - Chicago


Complete schedule of events


 

American Lawyers Quarterly eNews
Quality list, Quality service, Quality people

Thomas W. Hamilton, Executive Vice President, ALQ
Contribute news

Colby Horton, Vice President of Publishing, 469.420.2601
Download media kit

Lee Escobedo, Content Editor, 469.420.2663   
Contribute news

This edition of the American Lawyers Quarterly eNews was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Subscribe here -- it's free!
Recent issues
Feb. 5, 2014
Jan. 24, 2014
Jan. 8, 2014
Dec. 1, 2014



7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063