Insurers Plead For Sanity On Asbestos
Washington
A $5.8 million jury award to six individuals claiming they suffered emotional distress due to exposure to asbestos should be thrown out, insurance and business groups are telling the U.S. Supreme Court. The groups say that allowing the award to stand will exacerbate an asbestos litigation crisis that is already out-of-control.
A brief filed with the court by the Coalition for Asbestos Justice (a coalition of insurers), the National Association of Manufacturers, and other groups, said that courts have abandoned traditional protections and limits on recoveries in asbestos cases, thus forcing several companies into bankruptcy.
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