Daily Insurance Industry News
 
 
Daily Insurance Industry News
Thursday 18th of January 2018
March 25, 2012

Asbestos ruling to go against insurers

by Gill Montia

Story link: Asbestos ruling to go against insurers

Families whose relatives have died as a result of asbestos-related cancers will win a landmark case in the Supreme Court on Wednesday, The Independent on Sunday has reported.

According to the newspaper, insurance companies face an initial collective bill of over £600 million relating to employees who have died as a result of negligently being exposed to asbestos dust.

However, up to 25,000 families could be affected by the ruling, taking the potential bill to £5 billion.

 

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