Asbestos Still A Problem Without Reform

NU Online News Service, March 29, 4:15 p.m. EST?Asbestos remains a stubbornly expensive issue for insurers with no end in sight, as an increasing number of unimpaired claims for asbestos exposure are filed, observed an actuarial consultant.

The observation came during a presentation by Jennifer Biggs, a principal of the Tillinghast business of Towers Perrin, a consulting firm based in New York. She made the observations during the Casualty Actuarial Society's Seminar on Ratemaking held in Philadelphia, March 11-12.

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