James Hardie says it is seeing an increase in the number of asbestos claims relating to mesothelioma, the deadly cancer caused by prolonged exposure to the substance. The construction firm, which revealed it had doubled its first-half profit on Thursday The UK Supreme Court has made a ruling which could allow thousands of insurance claims by families of people who died after exposure to asbestos. The court placed insurance liability at the time an employee was exposed to asbestos, not when symptoms appeared. Last December the government announced its intention to apply sections 44 and 46 of the Legal Aid, Punishment and Sentencing of Offenders Act 2013 (LASPO) – which prevent winning claimants recovering their lawyer’s success fees and after-the-event (ATE SALT LAKE CITY — A bill aimed at preventing lawyers from “gaming the system” in cases where victims of asbestos exposure are pursuing compensation for mesothelioma-related claims advanced out of a House committee Wednesday amid opposition. Rep. The company said in Friday’s filing it has 2,080 asbestos-related claims pending against it. The revised figures didn’t cause any significant movement in O-I’s stock price. Shares fell a little less than 3 percent Friday to close at $18.43. Like numerous other businesses across the country, a small, long-established Hertfordshire building firm has been threatened with bankruptcy over events which allegedly took place 50 years ago – all because of a controversial judgment by the Supreme .
Asbestos-related claims could cost the Accident Compensation Corporation at least $150 million in lump-sum payments over the next 10 years. Figures released to the Herald under the Official Information Act show ACC could face costs ranging between $75 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 Fraudulent claims for asbestos exposure are shortchanging companies and legitimate victims, former judge and McCarter & English attorney Peggy L. Ableman testified today in support of legislation aimed at curtailing false claims on an estimated $30 billion Building products maker James Hardie has confirmed asbestos-related claims are continuing to grow at a faster-than-expected rate. Releasing its 2015 first-half results, James Hardie reported asbestos related claims were 5 per cent higher than for the .
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