A.M. Best has raised its estimate of net ultimate asbestos losses for the U.S. property/casualty industry to $85 billion, an increase of $10 billion over its previous estimate. No change has been made to the estimated net ultimate environmental loss of $42 billion.
Date: December 10, 2012
See: Special Report: U.S. Asbestos & Environmental Liabilities – Market Review. Asbestos Losses Persist; A.M. Best Raises Industry’s Loss Estimate to $85 Billion
....
Jon L.Gelman of Wayne NJ, helping injured workers and their families for over 4 decades, is the author NJ Workers’ Compensation Law (West-Thompson) and co-author of the national treatise, Modern Workers’ Compensation Law (West-Thompson).
Related articles
