Homeowner collects from insurance co. after an arsonist burns down their house. After the criminal trial (arsonist convicted), homeowner also sues arsonist, wins, and collects damages from him. Is insurance co entitled to any money the homeowner receives from the arsonist? (If so, why [legally] and/or under what circumstances [e.g., only if insur co was a co-plaintiff in the suit w/the homeowner, etc.]?)
Note: This is a hypothetical question; I'm a beginning paralegal student and need the answer to help complete part of a homework assignment. I can't find a direct answer in the course materials, and the program is online, so the professor is unavailable on weekends.