How's the recovery? Salvage and subrogation in the property liability insurance industry

Insurers have significant flexibility in the management of claims process and degree to which they prioritize collection salvage subrogation. These decisions could materially impact financial well-being insurers as well prices paid by consumers. Given potential implications that subrogation can for insurers, consumers, regulators, we investigate relation between speed at U.S. property-liability recover insurer-specific operational characteristics. The analysis is conducted commercial personal auto lines business studies both physical damage liability coverages. findings indicate factors such leverage, profitability, size, accrual are associated with recovery but considerable differences exist across