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The ancient Chinese curse, May you live in interesting times, never resonated more within the property-casualty industry than it did in 2008, when the fallout from the subprime mortgage crisis nearly destroyed the nations highest-profile carrier, seriously undermined the balance sheets of nearly everyone else, and set the stage for the worst economy since The Great Depression. These macro-economic factors and the political fallout from them helped determine the top insurance news stories in 2008.
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