Equitable Subrogation Claim Against U.S. Government Fails, Appeals Panel Says
(November 10, 2015, 12:01 PM EST) -- WASHINGTON, D.C. — An insurer’s equitable subrogation claim filed against the U.S. government cannot stand because the insurer never stepped into the shoes of its insured as it had no responsibility for the insured’s contract performance with the government, the Federal Circuit U.S. Court of Appeals said Nov. 6 (Fidelity and Guaranty Insurance Underwriters Inc., et al. v. United States, No. 2015-5036, Fed. Cir.; 2015 U.S. App. LEXIS 19390).
(Opinion available. Document #03-151111-002Z.)
Fidelity and Guaranty Insurance Underwriters Inc. and United States Fidelity and Guaranty Co....