Wilber can manage your claims to successfully pursue third parties on behalf of government or municipal entities for losses they have incurred.
Government subrogation can be a significant source of revenue for municipalities and states. For example, the New York City Law Department subrogation unit recovered over $600 million in the fiscal year 2020. One of the new services offered by Wilber the last couple years is to handle Government and Municipal Claims, such as a city or state seeking reimbursement of funds they have paid out as a result of a loss caused by a third party. This can help positively reduce the financial burden on taxpayers by reducing the need for additional taxes or other revenue streams to cover the costs of these losses.
Additionally, subrogation in this space can help to ensure that those responsible for causing the damages are held accountable, which can help to deter future incidents and improve overall public safety.