TITLE

Cash plaque

AUTHOR(S)
Robins, Jon
PUB. DATE
March 2005
SOURCE
Lawyer;3/14/2005, Vol. 19 Issue 10, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article discusses several recent legal cases against insurance companies that are claimed to be benefiting themselves by using a recent court's decision for reducing compensation pleural plaque sufferers falsely. The test case, "John Grieves & ors v. FT Everard & Sons & British Uralite PLC & ors," reportedly, concerned claims by sufferers of pleural plaques, a calcification of the lungs that can be caused by exposure to asbestos. Concerning recent asbestos-related claims, it has been estimated that "worried-well" claimants account for three-quarters of all U.S. asbestos compensation claims. The actuarial profession recently estimated that the total future British cost of asbestos-related diseases is anywhere within the region of £8bn-20bn, which represents 80,000 to 200,000 new claims over the next 30 years. The author reports that the recent legal challenge has been welcomed as a much-needed attempt to keep the scan vans out of Great Britain, or denounced as a cynical attempt by defendant insurers, depending on which side the claimant-defendant divide lawyers are on.
ACCESSION #
16507596

 

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