Subrogation

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....gainst a third party with respect to any loss covered by the policy." Black's Law Dictionary also extracts two general definitions of `subrogation'. The first is from Dan B. Dobb's Law of Contract (2nd Edn. - # 4.3 at 404) which reads thus : "Subrogation simply means substitution of one person for another; that is, one person is allowed to stand in the shoes of another and....