With more experts putting numbers to the possible insuranceliability impact of the subprime mortgage crisis last month, thefigures are starting to mount, with estimates ranging from $3billion to 10-times that amount. The first figure--which relatesonly to potential directors and officers liability claims--could bedwarfed by $16 billion-plus in professional liability insurancelosses, also known as errors and omissions insurance, some expertssay.

While the latest expert analyses are based on data collected sofar, some forecasters also note that information available to daterepresents just the tip of what seemed like a slow moving icebergback in April, when National Underwriter first reported on thesubject. (See NU, April 2, page 14.)

Then experts were speculating that the subprime crisis would nothave the D&O impact of financial meltdowns like Enron orWorldCom, or even the lesser impact of options backdatingcases.

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