An Act concerning equitable allocation of recovery proceeds for subrogation claims

This bill changes how insurance companies can seek reimbursement from injured people who recover money from third parties (like in car accident cases). It requires insurers to take only their proportional share of settlement or judgment funds - based on how much they paid for medical care relative to the total injury damages - instead of claiming the full amount. Injured people and insurers can ask a court to review settlement fairness if they disagree, and courts must reduce excessive insurer claims when total damages are low. The law directly affects injured individuals, their insurance companies, and third-party defendants in personal injury cases.