Agents Look To Limit Asbestos Claims
The Independent Insurance Agents and Brokers of America is ratcheting up grassroots efforts to limit the rapidly expanding number of questionable asbestos claims.
IIABA said it is forging an industry interest group and pursuing legislation aimed at preventing plaintiff attorneys from taking advantage of asbestos exposures. The Alexandria, Va.-based group is planning to form a coalition with insurers, businesses and others interested in battling efforts by plaintiff attorneys to expand litigation, which prolongs the "nightmare" for defendants and insurers.
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