Illinois, Michigan and Massachusetts are among 11 states with very high risks of professional liability lawsuits arising out of the subprime mortgage crisis, according to a new report.

The report, titled “What’s the State of Your State? E&O Risk Uneven Across The Country,” published by Guy Carpenter, a reinsurance broker and subsidiary of New York-based professional services company Marsh & McLennan, provides a state-by-state overview of the threat of errors and omissions litigation on U.S. real estate professionals.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.