What is the right of subrogation?

It is the right of the insurer to cancel the insurance policy under limited circumstances.

It is the right of the insurer to reprimand the insured.

It is the right of the insurer to seek its own insurance.

It is the right of the insurer to delegate coverage to another insurer.

It is the right of the insurer to sue parties that have caused losses covered under the insurance policy.

Which of the following is not a true statement about the insurer's duty to defend the insured?

There is no duty to defend claims that fall outside the policy.

It is a breach of contract for the insurer to breach the duty.

Punitive damages are always awarded if the insurer breaches the duty.

It is the insurer's responsibility to retain legal counsel.

The insured must notify the insurer for the duty to be triggered.