An asbestos company is not liable for an illness suffered by a woman who became exposed to the hazardous material while doing her grandfather’s laundry in the 1960s, Maryland’s highest court ruled Monday. The Court of Appeals ruled that Georgia-Pacific …
Insurance rating firm A.M. Best on Monday raised to $85 billion its estimate for losses that U.S. property/casualty insurers can ultimately expect from lawsuits brought by victims of asbestos exposure. Best, the major rater of insurance companies, raised its estimated …
Asbestos-related claims against MetLife Inc. rose 11 percent in the first half of the year, the company said Friday, mirroring recent comments by other large insurers who have experienced more claims than they expected. MetLife, the largest U.S. life insurer, …
Asbestos-related diseases have been falling for a decade, but warnings from a pair of U.S. insurance giants about new claims raise questions about the industry’s ability to put the scourge behind it. While medical evidence suggests fewer new cases of …
The New Jersey Supreme Court won’t hear an appeal from ExxonMobil over $7 million awarded to a woman who claimed she got cancer from her husband’s asbestos-laden clothes. A jury in 2008 found Bonnie Anderson had contracted mesothelioma from washing …