By Patrick Fitzpatrick ( January 5, 2026, 2:50 PM EST) -- Subrogation remains a powerful recovery tool for insurers, but its availability depends not only on policy wording but also on timely action. The recent decision of the Alberta Court of Appeal in Millennium Insurance Corporation v. Kapeluck, 2025 ABCA 82 (Kapeluck) illustrates how those rights can easily be lost and offers valuable guidance for industry participants....