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  • Law firm Reynolds Porter Chamberlain (RPC) has warned Chinese companies looking to de-list from the New York Stock Exchange (NYSE) to avoid being dragged into litigation that they may be exposed to other "bump-up claims" if they do not pursue the process correctly.
  • The frequent exclusion of industry-wide investigations from the coverage offered by directors' and officers' (D&O) insurance contracts may lead to disputes as the Libor-fixing saga continues, according to Lockton's director of financial lines business Neo Combarro.
  • The number of US securities lawsuits filed in the second quarter of 2012 has continued to decrease from the peaks reached during the post-financial crisis period, although the figure remains high compared to historic norms, a new Advisen report shows
  • The Libor-fixing scandal will be a material loss event for executive liability insurers but not a catastrophic one, according to Kevin LaCroix, a well-known commentator on the sector.
  • Two months after Australian general insurer IAG announced that it was selling its UK business, it is understood that its adviser Evercore has still not released the full sales prospectus.
  • New Zealand's local government insurer Civic Assurance is facing a "potential dispute with its reinsurers" over claims amounting to NZ$701mn ($561mn), says AM Best.
  • Flagstone's share price has fallen by more than 10 percent over the last week in what may be a delayed reaction to revelations that it has been unable to strike a deal with ANV.
  • Insurers need to adapt to the big three brokers' evolving business models as they turn their data into profit-mining enterprises, Beazley's director of broker relations Dan Jones said.
  • Lloyd's (re)insurer Amlin has positioned itself to take advantage of the nascent signs of hardening rates in the US casualty market with the launch of a new lead US casualty reinsurance team.
  • The board of Everest Re is yet to determine if Joseph Taranto will remain as chairman when he steps down as CEO at the end of 2013, the company told The Insurance Insider.