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Highest Value Settlements

The below exhibit illustrates the annual trend in the 75th percentile, 90th percentile, and average settlements. The 75th percentile settlement is the settlement that is larger than 75% of all other settlements in each year. Similarly, the 90th percentile settlement is the settlement that is larger than 90% of all other settlements in each year.

As can be seen in the exhibit, from 2003 through 2006, the mean settlements were influenced by the presence of very large settlements, such as the $800 million settlement with American International Group in 2006. In 2007, the average declined even as the 75th and 90th percentiles increased, indicating a large number of small settlements.

 

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