| E&Y settlement saps E&O mkt. for accountants. (Ernst and Young, executive and officer liability insurance): An article from: National Underwriter Property & Casualty-Risk & Benefits Management |  | Author: L.H. Otis
Publisher: The National Underwriter Company
Category: Book
Buy New: $5.95
as of 2/8/2012 17:41 GMT details
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Seller: Amazon.com
Format: HTML
Language: English (Published)
Media: Digital
Pages: 4
ASIN: B00092KA68
Publication Date: December 7, 1992
Availability: Available for download now
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Product Description
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on December 7, 1992. The length of the article is 1138 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: Risk insurers have become hesitant about marketing professional liability insurance to accountants, following the $400-million settlement of suits related to Ernst and Young's (E&Y) accounting and auditing of failed savings and loan companies. E&Y insurers have already paid $300 million to the Federal Deposit Insurance Corp and Resolution Trust Corp as part of the settlement, and the accounting firm will pay the remaining $100 million in four annual installments. The insurance companies involved agreed to the settlement to prevent additional lawsuits.
Citation Details
Title: E&Y settlement saps E&O mkt. for accountants. (Ernst and Young, executive and officer liability insurance)
Author: L.H. Otis
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: December 7, 1992
Publisher: The National Underwriter Company
Issue: n49 Page: p1(2)
Distributed by Thomson Gale
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