The Australian Stock Exchange halted trading in the shares of insurer QBE Insurance Group Ltd. in response to the sharp drop in their value following the announcement of QBE’s exposure to large losses from the terrorist attacks in the U.S. (See IJ Website Sept. 18 & 19).
The value of the shares has fallen by more than two-thirds since the attacks, closing at U.S. $1.70, and the company’s capitalization dropped to under $1 billion prior to the suspension.


Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case


