Insurance companies were the biggest target for 2007 lawsuits, according to a 10-industry survey, which found corporate counsel for all businesses expect an uptick this year in new actions and government probes.
On the government front, the U.S. Attorney's Office for New York's Southern District in Manhattan said yesterday it is working with the New York State Attorney General's Office to examine the credit-default swap market for potentially improper activity.
Results from the poll of 358 U.K. and U.S. in-house counsel were contained in the "Fulbright & Jaworski 2008 Litigation Trends Survey" which found that after two years of decline, companies expect a rise in litigation.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
