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ALAS puzzled by rise in legal liability losses. (Attorneys' Liability Assurance Society Ltd.): An article from: National Underwriter Property & Casualty-Risk & Benefits Management
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This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on December 5, 1994. The length of the article is 1015 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Attorneys' Liability Assurance Society Ltd (ALAS) posted gross incurred losses of $363.8 million for fiscal year 1993, which is a 44% increase from 1992 and 197% increase from 1990. ALAS also posted 1993 net income of $64 million, an increase of $55.6 million from 1992. ALAS sells malpractice insurance to large legal firms, but has not been able to determine any pattern to the increase in liability losses. From 1990 to 1993, the insurer has incurred losses of $903.3 million, of which the savings and loan failure accounted for $294.9 million.
Citation Details Title: ALAS puzzled by rise in legal liability losses. (Attorneys' Liability Assurance Society Ltd.) Author: David Marchant Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal) Date: December 5, 1994 Publisher: The National Underwriter Company Issue: n49 Page: p6(1)
