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To: Sean Hayes <shayes@firstindemnity.net>; Allison Sousae <Sousae@Serviam.Law> <br /> Cc: Lam, Jacques<jlam@santa-ana.org>; Flores, Marc<rnflores15@santa-ana.org>; Najera, Luisa<Inajera@santa- <br /> aa n�> <br /> Subject: Waiver of Subrogation endorsement for PL-Serviam by Wright LLP <br /> Good afternoon Sean and Allison, <br /> Thank you for providing additional insight regarding the Waiver of Subrogation endorsement for <br /> Professional Liability. Could you please share the carrier's response, along with any further <br /> information that might help clarify why the Waiver of Subrogation cannot be provided for this <br /> coverage? <br /> Previous Message: <br /> Risk can waive the Additional Insured endorsement for the PL. <br /> When reviewing your PL Subrogation policy along with the sample we provided, we can see that both <br /> subrogation sections are similar. However, the difference is the it doesn't state " the Company agrees <br /> to waive this right of subrogation against the client . . ." This is what we need. We need a Waiver of <br /> Subrogation. <br /> PL Sample: <br /> P. SUBROGATION <br /> In the event of any paVmont under this policy, the Company shall be. subrogated to all <br /> the Insured's rights of recovery therefore against any person or organization and the <br /> Insured Shall execute and deliver a-istrunrents atul papers and do Matever else is <br /> necessary to secure such rights. The Insured shall do notftirtf} after the Insured <br /> becomes av%are of a circumsta€rco that reasotwably could give rise to a Claim to <br /> F"rojrtd co such rights. The Company agrees to %wive this right of subrogation against <br /> the client of the Insuted to tyre extent ifrat the insured had, piker to a Claire, a vVinen <br /> agreement to tNnive such rights. <br /> Your PL policy: <br /> SECTION X-SUBROGATION <br /> In the event of any payment under this Policy, the insurer shall be subrogated to all of the Insured's rights of <br /> recovery against any person or organization,including any rights the Insured may have against any other Insured <br /> who personally participated or personally acquiesced in or retrained passive after having knowledge of any <br /> dishonest,intentionally wrongful, fraudulent,criminal,or malicious act,error or omission.The Insured shall do <br /> whatever is necessary to secure and collect upon such right. The Insured shall do nothing to prejudice such <br /> rights. <br /> Thank you, <br /> 3 <br />