As we noted in a prior post, the mortgage credit market crisis and the resulting real estate decline will have a significant impact on real estate professional liability insurance. Guy Carpenter has two reports (here & here) on the sub-prime mortgage crisis and real estate professional liability litigation. In one of the reports Guy Carpenter found that the likelihood of a claim against a real estate professional varied based on location. Guy Carpenter has developed the Guy Carpenter Subprime E&O...
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