Clearing the decks.
As the number of asbestos-related claims creeps up, employers' liability insurers on both sides of the Atlantic are facing troubled futures. Decision-makers need to sit down and agree a common approach, if the industry is to deal with outstanding cases and move forwards, warns Steve Woods.
Last week, Federal-Mogul, the US car parts giant, filed for Chapter11 protection from its creditors, due to the pressure of asbestos-related
lawsuits. Frank Macher, chief executive and chairman
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