Premises Liability Claims for Asbestos Exposure
- Topics:
- Commercial Litigation
- Tags:
- Business Operations,
- Corporate Insurance,
- Exposure,
- Finance,
- Financial Planning,
- Insurance,
- Reed Elsevier Inc.
- Source:
- Reed Elsevier
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Overview: Proposed legislative reforms and Supreme Court’s anticipated decision in Norfolk & Western Railroad Co. may change where and when asbestos suits is brought against property owners and occupants. It is nearly certain, however, that for the near future increasing number asbestos claims will continue to be brought on premises liability grounds. Building owners and tenants who have not yet received notice of claims should determine if their properties have been targeted by the asbestos plaintiffs’ bar. Counsel should also be consulted to discuss the availability of other defenses should an asbestos liability suit be filed. In addition, companies should review all policies to determine if coverage is available for asbestos exposure claims. Properties anticipating significant exposure, but with limited or questionable coverage, may wish to consider securing insurance for past exposures.
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Format: PDF | Size: 143KB | Date: Feb 2003 | Pages: 5
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