Asbestos Liability Issues Keep Emerging

Although insurance coverage issues have been settled for the most part over the years, there is still plenty “new under the asbestos sun,” with liability issues continuing to emerge, one leading defense attorney says.

Joseph J. Schiavone is a partner in the law firm Budd Larner Gross Rosenbaum Greenberg & Sade in Short Hills, N.J. The firm represented asbestos manufacturer Johns Manville Corp.–which went bankrupt, leading to the creation of the Manville Trust–and is active in insurance defense work involving asbestos. Mr. Schiavone estimates that his firm is involved in about 1,100 asbestos cases in New York alone.

As Mr. Schiavone pointed out, many other asbestos manufacturers and distributors have gone or are about to go bankrupt. This led asbestos claimants to try to extract judgments or settlements from peripheral players, such as installers of asbestos products, he noted.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.