TITLE

Subprime Fallout Shocks Global Liability Markets

AUTHOR(S)
Jones, Marc
PUB. DATE
May 2008
SOURCE
Best's Review;May2008, Vol. 109 Issue 1, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the ongoing subprime mortgage crisis in the U.S. The author stated that the crisis has shocked professional liability markets worldwide as the pain and subsequent investigations into corporate responsibility spread. He added that the errors and omissions insurance markets are also being hit and may double the initial bill to $8 billion as stated by Greg Flood, president of Ironshore Insurance's professional liability facility IronPro.
ACCESSION #
31925883

 

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