Asbestos in the News: Issue 43
At Got Mold? our goal is to keep our followers aware of asbestos related news stories. Each day, we scour the internet looking for relevant information. Here are 7 stories we thought may interest you!
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FEATURED STORIES (1)
Study Shows U.S. Insurers May Face an Additional $11 Billion in Asbestos Claims: A new report issued by ratings firm A.M. Best indicates that U.S. insurers can expect to pay an additional $11 billion in asbestos-related insurance claims above and beyond the $23 billion already set aside for future expenses. The same report shows that the industry has already paid out some $53 billion for such claims during the last quarter-century. According to a Wall Street Journal article, A.M. Best indicated in their report that the rise in costs can be attributed to the increasing cost of each claim, the success rate of experienced mesothelioma attorneys, and the long latency period of diseases such as malignant mesothelioma. All of this means that “sizable losses are likely to continue for years,” according to the study results released last week. Some of the insurers who have seen significant asbestos claims throughout the last few decades include Travelers, Hartford Financial Services Group, Berkshire Hathaway, CNA Financial Group, and Lloyd’s of London. Dozens of others have been hit with smaller claims.
ASBESTOS and HEALTH (1)
Occupational exposure to asbestos and lung cancer in men: evidence from a population-based case-control study in eight Canadian provinces: Asbestos is classified as a human carcinogen, and studies have consistently demonstrated that workplace exposure to it increases the risk of developing lung cancer. Few studies have evaluated risks in population-based settings where there is a greater variety in the types of occupations, and exposures.
ASBESTOS in PUBLIC BUILDINGS (2)
Tonnes of asbestos found near daycares: THE environment watchdog has been called in after two tonnes of asbestos sheeting were found metres from two childcare centres in inner Sydney. Fire and Rescue NSW (FRNSW) crews and a hazmat team arrived at Wattle Lane, Ultimo, on Friday night. Two childcare centres are located metres from Wattle Lane: the KU Wattle Lane Children’s Centre and the Magic Pudding centre on McKee Street.
Asbestos removed from Guernsey hospital: Asbestos has been removed from Guernsey’s Princess Elizabeth Hospital after being discovered in an cupboard. A statement from the Health Department said the brown asbestos, known as Amosite, had been removed on Monday. It said a tiny amount of the material had been found in a corridor next to the hospital’s operating theatres.
LEGAL ISSUES and ASBESTOS (2)
Kay to introduce legislation to prevent asbestos ‘double-dipping’: State Rep. Dwight Kay (R-Glen Carbon) said he will be drafting legislation to prevent “double-dipping” by asbestos claimants seeking compensation from bankrupt companies and the court system. He said he would model a bill after one that just passed in Ohio where claimants will now be required to reveal all asbestos claims filed by them or for them or face perjury charges. Supporters of the legislation have said it will stop double-dipping by not allowing people to go after money from trusts of bankrupted companies created to compensate asbestos victims as well as filing lawsuits against current businesses.
Both sides to appeal asbestos ruling: The government on Monday appealed a court order to pay ¥1.06 billion in compensation to construction workers who suffered asbestos-related diseases.
Quebec and Canadian governments end their historic support of the asbestos industry: Quebec’s asbestos mines have operated for 130 years and made Quebec a world leader in export of asbestos over the past century. Even though the scientific evidence was overwhelming that use of asbestos was causing epidemics of asbestos-related diseases and death, the Quebec and Canadian governments continued to give the asbestos industry unquestioning financial and political backing. This legitimization of the asbestos trade by the Quebec and Canadian governments had disastrous repercussions around the world. Canada was more than a major asbestos exporter; it played a key strategic role as leading propagandist in denying the scientific evidence and in arguing for continuation of the global asbestos trade. As industrialized countries recognized the deadly health effects of asbestos and ceased to be customers, Canada successfully targeted developing countries as a source of new markets for asbestos sales. As a consequence, world asbestos sales have stayed steady at around 2 million tons of asbestos a year for the past two decades.
— Got #Mold?™ (@gotmoldglobal) December 18, 2012