Manhattan condo by-laws and insurance subrogation

I've asked for an amendment to our very flawed, 30 year old, by-laws stating that there is no right to subrogate insurance claims.

Our managing agent told our president that that this is normal in NYC - that the HOA insurance has always paid out subrogated damages. Is that correct?

Something tells me that our president should not go on the WORD of the very person who will benefit most from non-subrogation and that our by-laws need to be amended. Am I correct? Thank you.