Waiver of Subrogation. A waiver of subrogation is an agreement by an insured person to leave his insurance company out of the claim. This comes into play when an individual who caused damages wants to settle the matter directly with the other partyâs insurance company.
Of the four major team sports, Major League Baseball's New York Yankees has the most professional championships in history. As of 2014, the long-time American League power has won 27 World Series titles. Continue Reading.
They also lead all teams with 24 Stanley Cup championships (one as an NHA team, twenty-three as an NHL team). Of the four major professional sports leagues in North America, the Montreal Canadiens are surpassed in the number of championships only by the New York Yankees of Major League Baseball, who have three more.