State Farm wins back right to pursue subrogation in warehouse fire case against Moving & Storage
Before that final payment, however, K&B reached a separate settlement with Moving & Storage’s insurer, Selective Insurance Company of America. On November 16, 2020, Selective paid K&B $92,424.24 in exchange for a general release. The agreement released both Selective and Moving & Storage from “any and all claims that may be submitted by another insurance carrier on K&B’s behalf.” State Farm was not notified or asked for consent before the release was signed. State Farm also did not send a formal letter to Selective placing it on notice of its subrogation rights.
