Maybe it's just that it's Friday, but the math in their announcement doesn't seem to add up:
The number of subprime-related cases filed doubled during the second half
of 2007, from 97 to 181 (for a total number of 278) cases.
I suppose this means that they found 97 cases in 1H 07 and 181 in 2h 07. I've contacted Navigant for a copy of the report. 278 seems high, but perhaps their definition of subprime-related is different than ours. Advisen tracks subprime-related cases for the benefit of the insurance industry, our table currently shows 194 cases. For information, contact me or see http://fpn.advisen.com/.