PCI objects to US asbestos bill
The Property Casualty Insurers Association of America (PCI) has announced its strong opposition to S. 852, legislation sponsored by Senate Judiciary Chairman Arlen Specter to create a trust fund to compensate asbestos victims.
“Abusive asbestos litigation has resulted in devastating consequences for truly sick victims, defendant companies, the nation’s economy, and the insurance industry,” said Carl Parks, senior viceOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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