Asbestos Insurance Costs on the Rise

Asbestos Insurance Costs on the Rise


Rewritten Article

Asbestos Insurance Costs on the Rise

Thursday, April 23rd, 2009

According to a contempo study, outlays for asbestos claims accept totaled $54 billion and abounding accept that the amount of claimants and absolute payouts will alone abide to rise.

The abstraction was conducted by Sebago Associates commissioned by the American Insurance Association.

Asbestos Remains a Problem

Statistics appearance that an estimated 1.3 actor humans alive in the architecture industry are still getting apparent to the adverse carcinogen accepted as asbestos.

Drywall hangers, aqueduct fitters and carpenters are aswell at risk.

“We still accept homes, offices, hospitals with asbestos; we accept underground infrastructure, sewers and tunnels that are congenital with asbestos,” explains Linda Reinstein, the controlling administrator and co-founder of the Asbestos Disease Awareness Organization.

No One’s Taking Action

In the 1970’s, Dr. George Riegel began admonition about the dangers of asbestos, admitting abundant of what he was adage seems to accept collapsed on deafened ears.

“It’s in thousands, if not millions of homes; it’s in a lot of homes congenital afore 1978, in asbestos attic tiles, beef aqueduct insulation, and in vermiculite in attic insulation,” explains Riegel.

Although Senate has anesthetized some legislation apropos asbestos, no absolute accomplish accept been accomplished and no dates accept been set to yield activity apropos this alarming botheration in America.

(Source: MLive.com)

Do you accept that you’ve been apparent to asbestos? If so, amuse acquaintance us to allege with anyone about the assets accessible to you.

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Asbestos Insurance Costs on the Rise