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This week, the general view was that Hurricane Katrina has been the toughest blow in a long time, with as many as 2m claims expected.
That is well above the 450,000 claims expected by economists and above the level needed to indicate falling unemployment – a key factor in Fed thinking.
Mr. Falise went to court partly because the trust has an almost insatiable need for cash, with claims expected to be filed for several more decades.
Gordon Aitken of Credit Suisse First Boston said that while Royal and Sun was grappling with problems affecting the entire industry -- like rising asbestos liability, which he said had so far cost insurers $20 billion, with claims expected to total more than $60 billion -- it was also facing more basic difficulties.
The city, too, is concerned because, apart from the bulk of claims expected from people who live or work around ground zero, a state law allows uniformed city employees who are generally covered by workers' compensation to file lawsuits for additional damages in some circumstances.
With claims expected to reach billions of dollars, European insurers were slammed.
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"As for health claims, expect to see more and more and more," she said.
International trading company Cargill and livestock feed exporter Trans Coastal have both sued the biotech giant, claiming expected losses of $90 million and $41 million, respectively.
But with England and Australia claiming expected victories over Samoa and Italy, it was left to the Scots to record the biggest surprise in the third weekend of autumn internationals, edging out Fiji's 16-16 tie with Wales on Friday.
The claim, expected to be filed early next year, could lead to a £4m-plus bill for Sports Direct and many of those taking part in the action continue to be employed by Sports Direct.
H.J. Kalikow & Company, the owner of the 29-story office building at 195 Broadway, has received $1 million from the St. Paul Companies in advances on a claim expected to run to several million dollars.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com