Where theres smoke, theres subrogation. At least it often works out that way. The adage is certainly true in the case of Gree dehumidifiers. If you have anything to do with property insurance, you have likely been exposed to multiple claims involving Gree dehumidifiers. It took 450 fires and nearly $20 million in property damage, but on September 12, 2013, Gree, along with the U.S. Consumer Product Safety Commission (“CPSC”), announced a recall on dehumidifiers manufactured and sold in the U.S. from January 2005 through August 2013. On November 29, 2016, Gree and the CPSC reissued the recall, leaving no doubt that there was a lot of subrogation dollars to be realized with regard to this faulty product.
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