Lloyd's predicts more litigation following financial crisis
As if you could not have guessed, Lloyd's of London noted recently in its annual report that a specific risk exists for increased litigation against financial services firms and others as a consequence of investors' losses in the current uncertain market. The insurance coverage carried by these entities will be important to consider, said Lloyd's.
Lloyd's predicts more litigation following financial crisis business.timesonline.co.uk Wed, Mar 25, 2009