When a claim is settled by a title insurance company, the company acquires all rights and claims of the insured against any other person who is responsible for the loss. This is known as what

Subrogation

Explanation:

Subrogation occurs when the person that has suffered loss in an insurance contracts is compensated by the insurance company, the insurer, which automatically means that his/her rights or claims to the insured item or object has been transferred to the insurance company.

For instance,an insured insures his house against fire accident, if fires erupts and the house is destroyed, the insurance company compensated the insured with a new house, the right to sue the party that has caused the fire incident has been automatically transferred to the insurance company.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.