Asbestos Payments Per Resolved Claim Increased 75% in the Past Year

An annual review of asbestos-related liabilities reported in companies' SEC filings, reveals that from 2010 to 2011, average payments per resolved claim increased 75%. Further review of the underlying data suggests that this increase in payments per claim is not due to a significant upward trend in asbestos liabilities. Instead, this increase can be explained by a change in the claim disease mix.

25 minute readDecember 27, 2012 at 02:47 PM
By
Mary Elizabeth C. Stern
Lucy P. Allen
Asbestos Payments Per Resolved Claim Increased 75% in the Past Year

An annual review of asbestos-related liabilities reported in companies' SEC filings, reveals that from 2010 to 2011, average payments per resolved claim increased 75%. Although this increase in dollars per

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