Posted on January 15, 2008 by Alan Rutkin

Insurers Should Consider Subprime Issues

All roads-- at least all liability roads-- lead to insurance, and soon we'll be seeing the subprime crisis lead to insurance.  It's been reported that the subprime issues has led to more than $170 billion in balance sheet writedowns.  We now reportedly have 113 lawsuits concerning these writedowns.  Can E&O and D&O claims be far behind?  Claims departments should begin considering these issues, if they have not done so already.

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