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1531 An insurer that has paid its insured for a loss may have a right of equitable subrogation against a third party who is contractually liable to the insured for the loss.CitationFIREMAN'S FUND v WILSHIRE (Stolen Equipment) 52 CA4 553 [See: Patent Scaffolding v William Simpson 256 CA2 506; Meyers v Bank 11 C2 92] |
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