A falling economy has brought corporate bankruptcies, job layoffs, and Government investigations. Reportedly, "[i]insurance companies [are] the top target for litigation ...." Lindsay Fortado, "U.S. Company Lawyers Expecting Litigation Surge, Survey Says" (Bloomberg. com, Tuesday, October 14, 2008).
Lawsuits filed in the last 12 months included a large number of lawsuits against Insurance Companies. Id. In such a climate, claims implicating Director's and Officer's Insurance Coverage are on the horizon, and many are already here.
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