2008-06-30mortgagenewsdaily.com

Insurance companies that write Director and Officer's (D&O) and Errors and Omission (E&O) insurance are debating what the future holds in the way of class action litigation against their policy holders.

Writing in Business Insurance, Dave Lenckus outlines the pros and cons of whether insurance companies such as Liberty Insurance Underwriters could be hit hard should the subprime crisis begin to impact companies outside the financial services sector.



Comments:

cooper at 18:35 2008-06-30 said:
i hope not! there is no such thing as "little fraud". fraud is fraud. Permalink

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