Subrogation in Insurance Law Is the

Multiple Choice

Subrogation in insurance law is the

A) process of making additions to coverage under an insurance policy through use of riders.
B) protection afforded an employee under a fidelity bond.
C) acquisition by the insurer of the insured's right to sue third parties upon the insurer paying the insured's losses.
D) selling of book debts without recourse to a factor.
E) insurer's right to retain damaged goods and recover the residual value of them when an insurance payout has been made.