Advisen Webinar: Third Quarter Securities Litigation Review, Sponsored by ACE
On Friday, October 15, at 11 am EDT, join a panel including ACE's Steven Carabases, Adam Savett of the Claims Compensation Bureau, the D&O Diary's Kevin LaCroix and Advisen's Dave Bradford to review Securities Litigation cases filed and settled during the third quarter of 2010. The session will review Advisen's analysis of third quarter 2010 Securities litigation and settlements and discuss the larger implications for underwriters, brokers and risk managers.
Register for Advisen's Third Quarter Securities Litigation Review Webinar, Sponsored by ACE on Friday, October 15, at 11 am EDT via:
https://www1.gotomeeting.com/register/138555273
Securities Litigation Remains Escalated
An Advisen Quarterly Report - Q3 2010
In a quarter marked by the signing of the Dodd-Frank financial reform, establishing future governance burdens, plaintiffs' attorneys had no problem finding current complaints to file. The number of securities lawsuits filed in the quarter, including derivative actions, regulatory suits, and securities class action suits, among others, remained at inflated levels. At 284 securities suits filed, Q3 2010 was a bit higher than the robust second quarter at 278, and, on an annualized basis, above the 1,105-level of the credit crisis frantic-2009.
About ACE
For 25 years, ACE has taken on the responsibility of your risks so that you can take on the responsibility of making things happen. We call that insuring progress. To find out how our people, financial strength, world-wide capabilities and flexible approach can work to insure your progress tomorrow, visit acegroup.com today.
About Advisen
Advisen helps insurance professionals to gain and retain their clients. Advisen does this by managing business information on over 15 million entities in every industry, while integrating market data - policy transactions, wordings and severity losses to enable professional's insight into their client work. Advisen furthers that insight with timely news, critical risk analytics and time-saving workflow tools for over 500 industry leading insurance firms. Advisen delivers actionable information and risk models at a fraction of the cost to have them built internally. Designed by risk and insurance experts, and used daily by more than 100,000 professionals, Advisen combines the deepest data sets with proprietary analytics and provides insight into risk and insurance that is not available from any other firm.
Advisen is headquartered in New York. For more information, visit http://www.advisen.com or call +1.212.897.4800 in New York or +44(0)20.7929.5929 in London.
ADVISEN'S LARGE LOSS DATA
Advisen tracks significant lawsuits filed against companies and their directors and officers in its Master Significant Case and Action database (MSCAd). MSCAd is the most complete and accurate database of such lawsuits, consisting of more than 45,000 events and over $3.2 trillion in aggregate losses. Securities cases in MSCAd represent more than 8,900 events and over $86 billion in aggregate losses.
For information or a list of the suits click here
