Is $108 Billion Enough For Asbestos? Washington
The Senate Judiciary Committee began deliberations last week on a controversial asbestos reform bill amid conflicting testimony over whether a proposed $108 billion resolution fund will be sufficient to cover all claims.
Committee Chairman Orrin Hatch, R-Utah, who developed the legislation, S. 1125, said that his bill may not be perfect, but it is close to being one of the best workable solutions.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.