The Monson Law Firm Obtains Record Subrogation Recovery for Insurer
March 7, 2016
The Monson Law Firm recently obtained subrogation settlements totaling $663,500 from three separate defendants for Atain Specialty Insurance Company in the case entitled “Atain Specialty Insurance Company vs. Storm Electric, et al”. In this contested matter, the F.S. Williams Country Store in Ethel, Louisiana suffered a total loss due to an electrical fire. The store had been an institution in the small local community for over 80 years. Atain promptly paid the policy limits of $830,000 to the insured. The Monson Law Firm successfully pursued multiple defendants over three years, including the electrical utility, Entergy, in recovering 80 percent of Atain’s payments. According to Atain, this is the largest subrogation recovery in the company’s history.
If you are an insurer seeking subrogation, call The Monson Law Firm today!